ITI Ltd registers record turnover, up by 271 pc -Governance Now

ITI Ltd registers record turnover, up by 271 pc

Telecom PSU registers its highest turnover in history at Rs 4,732.43 cr for fiscal year 2009-10

PTI | April 2, 2010

Telecom company ITI Ltd has recorded the highest turnover in its history, registering Rs 4732.43 crore for the year ended March 31, 2010,a huge jump of 271 per cent compared to the previous year's turnover of Rs 1741 crore

"The provisional turnover we achieved this year is more than double its previous high of Rs 2317.63 crore recorded in 2001-02", according to Ravi Agarwal, director (production)

During the year ITI, a government undertaking, established a manufacturing facility for Gigabit Passive Optical Network (GPoN) at its Rae Bareli Plant in U.P. and supplied equipment to the tune of Rs.270 crore to BSNL, a company press release said.

ITI also implemented successfully the National Population Register Project of the Ministry of Home Affairs at its Palakkad plant in Kerala. The ITI-Huawei combine has enabled BSNL to launch 3G Services in the South Zone.

ITI has initiated action for establishment of a joint venture company at its Rae Bareli, Naini and Bangalore Plants for manufacture of WiMAX, GPoN and NGN IP Systems (along with associated equipments).

Comments

Other News

Mofussils: Musings from the Margins

Provincials: Postcards from the Peripheries By Sumana Roy Aleph Book Company, 320 pages, Rs 899 Sumana Roy’s latest work, like its p

How to promote local participation in knowledge sharing

Knowledge is a powerful weapon to help people and improve their lives. Knowledge provides the tools to understand society, solve problems, and empower people to overcome challenges and experience personal growth. Limited sources were available to attain information on the events in and arou

‘The Civil Servant and Super Cop: Modesty, Security and the State in Punjab’

Punjabi Centuries: Tracing Histories of Punjab Edited by Anshu Malhotra Orient BlackSwan, 404 pages, Rs. 2,150

What really happened in ‘The Scam That Shook a Nation’?

The Scam That Shook a Nation By Prakash Patra and Rasheed Kidwai HarperCollins, 276 pages, Rs 399 The 1970s were a

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the