58 Startups in IoT, Defence & Communication Tech Ink Deals with Govt.-owned ITI Limited
India’s central government-owned manufacturer of telecommunications equipment, Indian Telephone Industries Limited, (ITI), has signed agreements with 58 startups and original equipment manufacturers (OEMs) covering manufacturing solutions related to information and communication technology (ICT), Internet of Things (IoT) and Defence technology, to give fillip to entrepreneurship.
The agreements, including 8 Transfer of Technology (ToT) agreements, were signed during the 1st edition of “ICT & IoT Start-up Tech Expo” on the sprawling premises of ITI in Bengaluru. Among the 400 startups, 58 have been shortlisted.