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ITI Ltd signs Tripartite MoU with TCIL and CDOT to Synergize R&D Initiatives

Jun 20, 2023

By: BlinkX Research Team

ITI Limited has signed a Tripartite MoU with Centre for Development of Telematics (CDOT), and Telecommunications Consultants India Limited (TCIL) recently as part of the larger efforts by the Government to synergize R&D efforts in the field of telecommunications aimed at establishing frame work for cooperation between C-DOT, TCIL, and ITI in creation and delivery of innovative telecommunication products and related services for Smart Cities.

The cooperation between TCIL, ITI and C-DOT envisages joint execution of Projects that are of mutual interest to all three Parties. Each Project shall be governed by a separate Project Agreement, in which TCIL will be the Lead Partner, C-DOT will be the Technology Partner and ITI will be the Manufacturing Partner.

Project Agreements may be entered into between the Parties, which will specify how the work will be conducted, the mutual objectives of the Parties advanced, the responsibilities of the Parties discharged, payment terms and so on as part of this MOU. C-DOT is a pioneer in R&D, ITI Limited has cutting-edge manufacturing capabilities, and TCIL has rich experience in installation, commissioning and operation & maintenance of telecom networks and consultancy services across the globe. This collaboration would create an ecosystem capable of delivering end-to-end indigenous telecom networks/solutions.

The nature of work under the Cooperative Program shall include ensuring smooth conceptualization, procuring, supply, installation, commissioning and maintenance of C-DOT designed products and any third-party product if required for the projects to be identified jointly by the Parties by sharing their competencies. The nature of work also includes marketing and pursuing Smart Cities related opportunities in India and abroad, ensuring technical compliance of the products to meet customer requirements, manufacturing and delivery of identified products and extending repair support as required by the customer.

Source: Media reports