YEAR EVENTS 1950 - The Company was Incorporated as a
private limited company on 25th January, at Bangalore. The
Company was the first public sector undertaking started in 1948
by the Government of India after independence. The Company
became a public limited company on 23rd November, 1985. The
main objects is to design, manufacture and supply
telecommunication equipment such as telephone instruments,
electromechanical exchanges, transmission systems, electronic
exchanges and ground stations for satellite communications.
- The Company has its own R&D division to play its role in
technology innovation, upgradation and adaptation.
Advanced facilities and infrastructure were established for
research and product development.
- It was proposed to be met by floating bonds to the public, funds
in the form of budgetary support from Government and internal
1979 - 90,064 shares allotted without payment in cash. Out of the
total shares issued, 31,250 shares were held by Karnataka
Government and 14,68,750 shares were held by Govt. of India.
1982 - 15,00,000 shares issued to Government of India.
1983 - 17,00,000 shares issued to Government of India.
1984 - 23,00,000 shares issued to Government of India.
1985 - 18,00,000 shares issued to Government of India.
1987 - Under the `B' Series issue 11,89,966-10% tax free nonconvertible bonds of Rs 1000 each and 10,60,034-14% nonconvertible bonds of Rs 1000 each were issued for public
subscription. 7,93,230-13% non-convertible bonds of Rs 100 each
were privately placed bonds with 10% interest rates (tax free)
are redeemable after 10 years while the other bonds are
redeemable after 7 years from the date of allotment.
1992 - The OCB 283/CSN project in technical collaboration with
M/s. ALCATEL was taken up at Mankapur, Bangalore and
- The Company has a production capacity to manufacture
exchange equipments based on C-DOT technology totally 750 KL
at E.C. Plant Rae Bareli and at Bangalore.
- The Micro Electronics Division has the facilities to manufacture
Think film, thick film, VLSI packaging, VLSI processing, ASK
Testing and Mask Centre (E-Beam).
1993 - The Company proposed to enter into a joint venture with
NKT of Denmark for optical fibre using Synchromous Digital
Hierarchy (SDH) equipment with Korea Telecom and Korea
Mobile Telecom for Radio Paging Services.
1994 - A joint venture Company called FIBCOM India Ltd. was
set up with M/s. NKT Electronik A/S. Denmark and M/s.
Industrialization Fund for developing countries.
- 9,81,310 No. of equity shares offered for sale were taken up at
a price of Rs 59 per share by the employees of ITI.
1995 - ITI designed and developed PABX Exchange (MPABX1000) at Mankapur plant, for provision upto 850 lines for
operation. One Exchange was installed at Dehradun and others
were under installation.
- The Army Static Switched Communication Network (ASCON)
was designed, developed, manufactured and installed by the
- New products inducted during the year are Digital Power Gain
System (EK ANCH), 11 GHZ Digital Microwave Equipment,
Display Telephone Instrument & HDSL.
- The Company proposed to offer new products viz. Transmission
and subscriber end equipments, wireless loop, digital loom
carrier besides HDSL equipment.
- ITI Equatorial Satcom Ltd. changed its name to M/s. India
1996 - The Company entered into VSAT/MRTS Services. Also
OCB 283/CSN projects were being implemented in the three
manufacturing plants of ITI viz. Palakhad, Bangalore and
- The Company undertook to install three manufacturing plants
viz. Palakhad (1000 KLOCB 283), Bangalore (1500 KL CSN) and
Mankapur (500 KL CSN).
- The 16 KL main exchange was installed at Indranagar and 14
KL RSU installed at various location viz., whitefield Ulsoor, K.R.
Puram etc. of Bangalore.
- New products such as ARMY VSAT, 8 Mb OLTE, Transportable
Satellite Terminals were inducted and new technology for 6 GHZ
M/W equipment was introduced. The Mankapur plant developed
a New Power for recovery of core for rejected transformers.
- The Company proposed to offer new products covering
switching access products, transmission and subscribed end
equipments. Some of the products to be introduced include
wireless local loop, digital loop carrier besides fairgain and
- ITI Equatorial Satcom Ltd. and Singapore Styled ITI
Communication Pvt Ltd. are joint ventures of the Company.
1997 - During March 15% Government Guaranteed Redeemable
Bonds `C' Series of Rs 1,00,000 each issued aggregating Rs
2,785 lakhs. These are redeemable at par in March 2002.
- The Indian Telephone Industries (ITI), Bangalore plant,
which has been going through a rough patch for some
time, finally seems to be coming out of the woods, as they
bagged the International Quality Management System
Standard ISO-9002 for its new products division.
- Qualcomm Inc, the pioneer of CDMA (code division multiple
access) technology for wireless communications, has entered
into a strategic alliance with Indian Telephone Industries (ITI).
- ITI Limited has entered into a 76.24 joint venture with the US-
based company Celcore. ITI under this marketing joint venture
will produce cellular equipment for niche market.
- Celcore Inc of the US and ITI Ltd. have signed a joint venture
agreement to market, sell and service global system for mobile
(GSM) cellular systems.
- Indian Telephones Industries (ITI) Ltd. has entered the public
mobile radio trunked service area - a two-way wireless
communication system - with its formal lunching at Madurai in
Tamil Nadu. ITI became the first public sector company to
introduce such high-tech facility.
- Indian Telephone Industries Ltd (ITI), a public sector unit, is
teaming up with Telecom Consultancy of India Ltd (TCIL) to
undertake communication projects on turnkey basis and provide
consultancy services to the railway, powerful oil sectors.
- The public sector Indian Telephone Industries Ltd. (ITI) will
utilise prime land in its possession to setup technology parks.
- Three public sector undertakings (PSUs) - Mahanagar
Telephone Nigam Ltd (MTNL), Indian Telephone Industries (ITI)
and Telecom Consultants India Ltd - are likely to join hands to
form a joint venture company to directly compete with private
operators in the field of basic and cellular services.
- ITI proposes to set up two wholly owned subsidiaries for taking
up exclusive operation of VSAT and MRTS.
- The company was set to sign an agreement with a foreign firm
for a joint venture, on the lines of the Singapore Technology
1998 - ITI Ltd, the country's largest telecom company has won
IMM award for excellence as "Marketing Company in the
Organised Sector" for the year 1998. The award comprising of
gold, silver trophy and a certificate of merit.
- ITI Limited will soon introduce the automated system
technology for payment of bills and for coin change machines.
- Indian Telephone Industries (ITI) and its joint venture concern
are set to bag a substantial portion of the Rs. 118-crore tender
for synchronous digital hierarchy (SDH) equipment which was
opened recently by the Department of Telecommunications
- ITI Ltd, has set up very large scale integration (VLSI)
fabrication unit to manufacture highly critical integrated circuits
(chips) with an investment of Rs 153 crore, at its Bangalore
1999 - CMC Limited signed an agreement with ITI Limited to
implement an Enterprise Resource Planning software at the
companies facility at Mankapur in Gonda district.
- ITI Ltd. has entered into a fresh agreement with Alcatel and has
renewed its tow decade old agreement to further strengthen
- The Indian telecom giant ITI Ltd, the first public sector
unit to be set up after Independence, has charted out a
strategy to portray itself as a dynamic organisation
concentrating more on marketing activities along with a
special focus on the export markets.
- ITI Ltd. is likely to be shortlisted for setting up the earth station
at the proposed software technology park (STP) in Hubli.
- The Company signed an MoU with the DoT for its turnover of
Rs 2,000 crore for the year 2000-2001.
2000 - The Company has commissioned the state-of-the-art V-SAT
network designed and produced by it for the army as a move
towards modernising the communication network of the defense
- Bangalore-based telecom major ITI has been awarded the Prime
Minister's MOU award for excellence for the year 1998-99.
- Compaq India and ITI Ltd have signed an MoU to leverage each
others expertise to deliver soluions for businesses where there is
an increasing convergence of telecom and IT.
- Ms Lakshmi G Menon has taken over as the chairman and
managing director of ITI, India's largest telecom equipment
2001 - Mr Vijoy Kumar, Deputy Director General, has been
appointed as part-time official director of the company effective
from 2nd March in place of Mr Rajeev Agrawal. U D Paradkar
retires from Directorship of ITI Ltd
- ITI Ltd has informed BSE that Shri U.D.Paradkar, Director Bangalore Plant of the Company has retired from the services of
the Company on December 31, 2001.
-Mr U D Paradkar retires from the services of the company as the
-Board approves the proposal for amendment to MOA of ITI Ltd
for enhancement of Authorised share capital from Rs.100crs to
Rs.250 crs by issue of preference shares under private
-Ties up with Texas to develop IP Phones.
-Mr Pankaj Agarwal appointed as the Director on the Board of
-Mr S K Manocha appointed as the Chairman and MD of ITI Ltd.
-Push button Phone of ITI receives Approved Inspection Scheme
-Comes out with Carrier class MPLS and MPLS-VPN
(Multiprotocol Lable switching based virtual private network)
solution to end customers.
-Appoints Mr J K Verma as the Director on the Board.
-Designs and Develops the first ever indigenious Web-enabled
Smart Connect Call Centre.
-Forays into the International Long Distance segment.
-Signs MoU with Shenzhen-Zhongxing Telecom Ltd for setting up
infrastructure for Code Division Multiple Access network in
-Shri Vijoy Kumar takes charge as the Chairman and MD of the
-Unveils India's first Security Software Product E-Seal
(Electronic Secure Encryption authentication Lock).
-Shri Y K Pandey assumes charge as the CMD of the company
from May 6th.
-MTNL,BSNL , ITI Ltd and TCIL drop their plan to provide
International Long Distance Services
-Mr S K Manocha relinquishes the Directorship on the Board of
-Declares itself sick under the Sick Industrial Companies Act
following the erosion of more than 50% of its networth.
-Fibcom India Ltd, a joint venture between ITI and Tellabs
receives the award for Excellence in Professional Electronics for
2001-2002 from Ministry of Communication and Information
-Emerges as the top telecom turnkey services company in the
-Board approves for the issue of L series of bonds of Rs.940
million on private placement basis with government of India
-ITI Ltd. declared itself sick under the provisions of Sick
Industrial Companies (Special Provisions) Act, 1985, following
the erosion of more than 50% of its networth.
-ITI forges alliance with Chinese firm to manufacture CDMA
-ITI enquires on MTNL pact with Huawei
-ITI Ltd, Palakkad, gets Cochin Shipyard Rolling Trophy for
industrial safety instituted by National Safety Council, Kerala
Chapter, in the engineering industries sector
-Signs MoU with Alcatel aimed at establishing long-term
cooperation for digital subscriber line (DSL) deployment in the
- Indian Telephone Industries ties up with France based Alcatel
for supply and installation of Bharat Sanchar Nigam's (BSNL)
GSM network in the western region of India.
-Tejas Networks India Ltd, a telecom products company, has
signed a five-year technical collaboration agreement with ITI Ltd
for its TJ100 series of next-generation Synchronous Digital
Hierarchy (SDH) products
-Registered Office of the Company has been shifted from 45/1,
Magrath Road, Bangalore - 560025 To ITI Bhavan,
Doorvaninagar, Bangalore - 560016.
-ITI Ltd - Wins Top Telecom Turnkey Company Award -ITI Ltd has
appointed Shri Ravi Agarwal, GM-GSM, of the Company as
Director-Production on the Board of the Company with effect
from October 31, 2006.
-Iti Ltd. has informed that Shri K. T. Mayuranathan, has assumed
charge to the post of Company Secretary of the Company with
effect from November 20, 2006, in place of Shri K. Ramaswamy,
Company Secretary, who had earlier resigned.
-ITI Ltd has informed that Shri. Y K Pandey, Chairman &
Managing Director of the Company on Earned Leave from
November 01, 2006 to January 31, 2007 (both days inclusive).
Shri. Pritam Singh, Director-Marketing, has been appointed as
In-Charge Chairman and Managing Director, as conveyed vide
DOT letter dated November 03, 2006.
-ITI Ltd. has informed that Shri R. Bandyopadhyay, Addl
Secretary (T), Department of Telecommunication, New Delhi and
Shri P.K. Tiwari, Director (R&P), Department of
Telecommunication, New Delhi have been appointed as part-time
Official Directors on the Board of ITI Limited, in place of Shri
Pankaj Agrawala, JS, DIT and Shri N. P. Singh, DDG (IP) , DoT
-ITI Ltd has informed that in pursuance of DoT letter dated
August 23, 2007, Shri. S K Chatterjee, Director-HR, of the
Company has assumed the charge as Chairman & Managing
Director (CMD) on the Board of the Company w.e.f. August 24,
-ITI Ltd has informed that Shri. B P Gupta has been appointed as
Director-Finance of the Company by the Government of India
vide Ministry of Communications and IT letter dated December
-ITI Ltd. has informed that "Shri K.K. Khurana has been
appointed as Director-HR of ITI Limited by the Government of
India vide Ministry of Communications and IT letter No. 47/2007-Fac-II dated 04.04.2008. He has assumed office on
-ITI Ltd has informed that BIFR vide letter dated March 25, 2008
appointed Shri. C K Koshy as Special Director on the Board of
Director of the Company u/s 16(4) of the Sick Industrial
Companies (Special Provisions) Act, 1985.
- "ITI notches-up highest turn over in seven years".
- K. L. Dhingra has been appointed as Chairman and Managing
- Shri Ravi Khandelwal has been appointed as Director-Finance
of ITI Limited.
- Shri. N K Srivastava, Sr. DDG (TEC). Department of
Telecommunications as Government Director on the Board of the
- Lt. Gen S. P. Kochhar, AVSM, SM, VSM, Signal Officer incharge, Ministry of Defence and Shri N. K. Joshi, DDG (SU),
Department of Telecommunication, New Delhi have been
appointed as Government Directors on the Board of ITI Limited.
-ITI Bags National Safety Awards from Ministry of Labour &
Employment. -ITI signs MoU with TSSC for special focus on Skill
Development in the Telecom Industry.
2014 -ITI signs MoU with Department of Telecommunications.
-ITI bags largest Non-RQ order for NFS. -An MoU was signed
between M/s. ITI and M/s. HAL for exploring mutually beneficial
business opportunities in the manufacturing and service