ITI Limited announced its Memorandum of Understanding (MoU) with India Electronics and Semiconductor Association (IESA).
ITI, under the MoU, will provide its infrastructure to manufacture electronic products with focus on telecom and allied smart electronic products.
The MoU envisages setting up of infrastructure to enable ITI develop intelligent electronics ecosystem in the country inclusive of product design, development and manufacturing with a focus on areas such as telecom, Internet of Things, smart cities, smart manufacturing, smart agriculture and others.
IESA will be the exclusive knowledge and transformation partner for 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 utilize ITI’s existing infrastructure for prototyping, testing and certification purpose.
RM Agarwal, chairman and managing director of ITI Limited, said: “This initiative opens the door for small and medium enterprises and enables them to reach out to global market for their electronic products.”
The proposed 5G Village at ITI premise will focus on development, prototyping, testing and manufacturing of 5G related and enabled equipment, devices and solutions.
“ITI with its competencies of running an electronics manufacturing facility in Bengaluru, will suitably complement IESA’s initiative for enabling investors and companies to set up their operations in the country,” said Jitendra Chaddah, chairman, IESA and senior director, Strategy & Operations, Intel India.
The partnership aims to setup a demo assembly, testing, marking and packaging (ATMP) line in the country.