ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

ITI signs MoU with IESA to set up electronics system design manufacturing ecosystem

New Delhi [India], Oct 11 (ANI): State-owned ITI Ltd has signed a memorandum of understanding with India Electronics and Semiconductor Association (IESA) to strengthen the electronics system design and manufacturing ecosystem in the country.

ANI Oct 11, 2019 14:57 IST googleads

ITI's CMD RM Agarwal (left) and IESA Board Member and Advisor Anil Kumar Muniswamy exchanging the MoU.

New Delhi [India], Oct 11 (ANI): State-owned ITI Ltd has signed a memorandum of understanding with India Electronics and Semiconductor Association (IESA) to strengthen the electronics system design and manufacturing ecosystem in the country.
Under the pact, ITI will provide infrastructure to manufacture electronic products with special focus on telecom and allied smart electronic products.
The MoU envisages setting up an infrastructure to enable ITI to develop an intelligent electronics ecosystem in the country inclusive of product design, development, and manufacturing with a focus on areas telecom, Internet of Things, smart cities, smart manufacturing, smart agriculture, and others.
IESA will be the exclusive knowledge and transformation partner for unlocking the value of in-house knowledge, technologies, expertise and of spareable, de-licensed, large physical infrastructure of ITI.
The initiative will facilitate small and medium enterprises and start-ups to utilise ITI's existing infrastructure for prototyping, testing, and certification purpose, according to a statement.
"The initiative not only opens the door for small and medium enterprises but also enables them to reach out to the global market for their indigenous electronic products," said ITI's Chairman and Managing Director R M Agarwal.
"IESA is deeply committed to developing India as a global hub for design-led manufacturing in intelligent electronics through its continued partnership with the industry, government, and academia," said Jitendra Chaddah, Chairman of IESA and Senior Director for strategy and operations at Intel India.
IESA a not-for-profit industry body that works towards enhancing and promoting made-in-India products for world markets.
ITI has manufacturing facilities in Bengaluru, Naini, Rae Bareli, Mankapur and Palakkad along with an R&D centre in Bengaluru and eight regional offices at Bengaluru, Bhubaneshwar, Chennai, Hyderabad, Kolkata, Lucknow, Mumbai, and New Delhi besides 17 area offices across the country. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.