India extends reservation period for telecom orders made to ITI

Editor Mobile

The Indian government has extended the period after the state-run telecommunications companies need to compulsorily provide nearly 30% of their orders to ITI Ltd. by two more years, ensuring constant revenue for the ailing telecom equipment maker. ITI, once India’s sole telecom equipment maker, has been sustaining mainly on contracts from Bharat Sanchar Nigam Ltd. and Mahanagar Telephone Nigam Ltd. …

EditorIndia extends reservation period for telecom orders made to ITI