Industry

ITI bags ₹7,000-crore defence deal

Public sector firm ITI Ltd. on Thursday won a ₹7,000-crore deal from the defence ministry to deploy and maintain phase four of the Army’s modern communication network across India.

“Valued at over ₹7,000 crore, we are very excited to take up ASCON phase IV. The project will provide telecom solution and infrastructure with a warranty period of two years and maintenance support of the network for eight years after the warranty,” said ITI Chairman and Managing Director S. Gopu. The ASCON (Army Static Switched Communication Network) was established by ITI 25 years ago.

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Printable version | Apr 4, 2020 11:35:38 PM | https://www.thehindu.com/business/Industry/iti-bags-7000-crore-defence-deal/article19729580.ece

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