1950 - The Comp. was Incorporated as a private limited Comp. on 25th
January, at Bangalore. The Comp. was the first public sector
undertaking started in 1948 by Government of India after
independence. The Comp. became a public limited Comp. on
23rd November, 1985. The main objects is to design, manufacture
& supply telecommunication equipment such as telephone
instruments, electromechanical exchanges, transmission systems,
electronic exchanges & ground stations for satellite
- The Comp. has its own R&D division to play its role in
technology innovation, upgradation & adaptation. Advanced
facilities & infrastructure were established for research and
- It was proposed to be met by floating bonds to the public, funds
in the form of budgetary support from Government & internal
1979 - 90,064 shares allotted without payment in cash. Out of total
shares issued, 31,250 shares were held by Karnataka Government
& 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 non-convertible
bonds of Rs 1000 each & 10,60,034-14% non-convertible 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 frees] are redeemable after 10 years
while the other bonds are redeemable after 7 years from the date
1992 - The OCB 283/CSN project in technical collaboration with M/s.
ALCATEL was taken up at Mankapur, Bangalore & Palakhad units.
- The Comp. has a production capacity to manufacture exchange
equipments based on C-DOT technology totally 750 KL at E.C. Plant
Rae Bareli & at Bangalore.
- The Micro Electronics Division has the facilities to manufacture
Think film, thick film, VLSI packaging, VLSI processing, ASK
Testing & Mask Centre [E-Beams].
1993 - The Comp. proposed to enter into a joint venture with NKT of
Denmark for optical fibre using Synchromous Digital Hierarchy
[SDHs] equipment with Korea Telecom & Korea Mobile Telecom for
Radio Paging Services.
1994 - A joint venture Comp. called FIBCOM India limited was set up with
M/s. NKT Electronik A/S. Denmark & 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 employees of ITI.
1995 - ITI designed & developed PABX Exchange [MPABX-1000s] at Mankapur
plant, for provision upto 850 lines for operation. One Exchange
was installed at Dehradun & others were under installation.
- The Army Static Switched Communication Network [ASCONs] was
designed, developed, manufactured & installed by Company.
- New products inducted during the year are Digital Power Gain
System [EK ANCHs], 11 GHZ Digital Microwave Equipment, Display
Telephone Instrument and HDSL.
- The Comp. proposed to offer new products viz. Transmission and
subscriber end equipments, wireless loop, digital loom carrier
besides HDSL equipment.
- ITI Equatorial Satcom limited changed its name to M/s. India Satcom
1996 - The Comp. entered into VSAT/MRTS Services. Also OCB 283/CSN
projects were being implemented in the three manufacturing plants
of ITI viz. Palakhad, Bangalore & Mankapur.
- The Comp. undertook to install three manufacturing plants viz.
Palakhad [1000 KLOCB 283s], Bangalore [1500 KL CSNs] & Mankapur
[500 KL CSNs].
- The 16 KL main exchange was installed at Indranagar & 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 & 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 Comp. proposed to offer new products covering switching
access products, transmission & subscribed end equipments.
Some of products to be introduced include wireless local
loop, digital loop carrier besides fairgain & HDSL equipment.
- ITI Equatorial Satcom limited & Singapore Styled ITI Communication
Pvt limited are joint ventures of 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 [ITIs], Bangalore plant, which
has been going through a rough patch for some time, finally
seems to be coming out of 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
accesss] technology for wireless communications, has entered
into a strategic alliance with Indian Telephone Industries
- ITI Limited has entered into a 76.24 joint venture with the
US-based Comp. Celcore. ITI under this marketing joint
venture will produce cellular equipment for niche market.
- Celcore Inc of US & ITI limited have signed a joint venture
agreement to market, sell & service global system for mobile
[GSMs] cellular systems.
- Indian Telephones Industries [ITIs] limited 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 Comp. to
introduce such high-tech facility.
- Indian Telephone Industries Ltd [ITIs], a public sector unit, is
teaming up with Telecom Consultancy of India Ltd [TCILs] to
undertake communication projects on turnkey basis & provide
consultancy services to the railway, powerful oil sectors.
- The public sector Indian Telephone Industries limited [ITIs] will
utilise prime land in its possession to setup technology parks.
- Three public sector undertakings [PSUss] - Mahanagar Telephone
Nigam Ltd [MTNLs], Indian Telephone Industries [ITIs] & Telecom
Consultants India Ltd - are likely to join hands to form a
joint venture Comp. to directly compete with private
operators in the field of basic & cellular services.
- ITI proposes to set up two wholly owned subsidiaries for taking
up exclusive operation of VSAT & MRTS.
- The Comp. was set to sign an agreement with a foreign firm for
a joint venture, on the lines of Singapore Technology Park.
1998 - ITI Ltd, the country largest telecom Comp. has won IMM
award for excellence as 'Marketing Comp. in the Organised
Sector' for year 1998. The award comprising of gold, silver
trophy & a certificate of merit.
- ITI Limited will soon introduce the automated system technology
for payment of bills & for coin change machines.
- Indian Telephone Industries [ITIs] & its joint venture concern
are set to bag a substantial portion of Rs. 118-crore
tender for synchronous digital hierarchy [SDHs] equipment which
was opened recently by Department of Telecommunications
- ITI Ltd, has set up very large scale integration [VLSIs]
fabrication unit to manufacture highly critical integrated
circuits [chipss] with an investment of Rs 153 crore, at its
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 limited has entered into a fresh agreement with Alcatel & 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
- ITI limited is likely to be shortlisted for setting up the earth
station at the proposed software technology park [STPs] in Hubli.
- The Comp. signed an MoU with the DoT for its turnover of Rs
2,000 crore for year 2000-2001.
2000 - The Comp. has commissioned the state-of-the-art V-SAT network
designed & produced by it for army as a move towards
modernising the communication network of defense force.
- Bangalore-based telecom major ITI has been awarded the Prime
Minister MOU award for excellence for year 1998-99.
- Compaq India & ITI Ltd have signed an MoU to leverage each
others expertise to deliver soluions for businesses where there
is an increasing convergence of telecom & IT.
- Ms Lakshmi G Menon has taken over as the chairman & managing director
of ITI, India largest telecom equipment manufacturer.
2001 - Mr Vijoy Kumar, Deputy Director General, has been appointed as part-time official
director of Comp. 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 Comp. has retired from the services of Comp. on December 31, 2001.
-Mr U D Paradkar retires from the services of Comp. as the Director.
-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 placement.
-Ties up with Texas to develop IP Phones.
-Mr Pankaj Agarwal appointed as the Director on the Board of company.
-Mr S K Manocha appointed as the Chairman & MD of ITI Ltd.
-Push button Phone of ITI receives Approved Inspection Scheme [AISs] certification.
-Comes out with Carrier class MPLS & MPLS-VPN [Multiprotocol Lable switching based virtual private networks] solution to end customers.
-Appoints Mr J K Verma as the Director on the Board.
-Designs & 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 India.
-Shri Vijoy Kumar takes charge as the Chairman & MD of company.
-Unveils India first Security Software Product E-Seal [Electronic Secure Encryption authentication Locks].
-Shri Y K Pandey assumes charge as the CMD of Comp. from May 6th.
-MTNL,BSNL , ITI Ltd & TCIL drop their plan to provide International Long Distance Services
-Mr S K Manocha relinquishes the Directorship on the Board of ITI.
-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 & Tellabs receives the award for Excellence in Professional Electronics for 2001-2002 from Ministry of Communication & Information Technology.
-Emerges as the top telecom turnkey services Comp. in the country.
-Board approves for issue of L series of bonds of Rs.940 million on private placement basis with government of India Guarantee.
-ITI limited declared itself sick under the provisions of Sick Industrial Companies [Special Provisionss] Act, 1985, following the erosion of more than 50% of its networth.
-ITI forges alliance with Chinese firm to manufacture CDMA handsets
-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 [DSLs] deployment in the Indian market
- Indian Telephone Industries ties up with France based Alcatel for supply & installation of Bharat Sanchar Nigam [BSNLs] 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 [SDHs] products
-ITI Ltd - Wins Top Telecom Turnkey Comp. Award
-ITI Ltd has appointed Shri Ravi Agarwal, GM-GSM, of Comp. as Director-Production on the Board of Comp. with effect from October 31, 2006.
-Iti limited has informed that Shri K. T. Mayuranathan, has assumed charge to the post of Comp. Secretary of Comp. with effect from November 20, 2006, in place of Shri K. Ramaswamy, Comp. Secretary, who had earlier resigned.
-ITI Ltd has informed that Shri. Y K Pandey, Chairman and Managing Director of Comp. on Earned Leave from November 01, 2006 to January 31, 2007 [both days inclusives]. Shri. Pritam Singh, Director-Marketing, has been appointed as In-Charge Chairman & Managing Director, as conveyed vide DOT letter dated November 03, 2006.
-ITI limited has informed that Shri R. Bandyopadhyay, Addl Secretary [Ts], Department of Telecommunication, New Delhi & Shri P.K. Tiwari, Director [R&Ps], 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 & Shri N. P. Singh, DDG [IPs] , DoT respectively.
-ITI Ltd has informed that in pursuance of DoT letter dated August 23, 2007, Shri. S K Chatterjee, Director-HR, of Comp. has assumed the charge as Chairman and Managing Director [CMDs] on the Board of Comp. w.e.f. August 24, 2007 [Forenoons].
-ITI Ltd has informed that Shri. B P Gupta has been appointed as Director-Finance of Comp. by Government of India vide Ministry of Communications & IT letter dated December 31, 2007.
-ITI limited has informed that 'Shri K.K. Khurana has been appointed as Director-HR of ITI Limited by Government of India vide Ministry of Communications & IT letter No. 4-7/2007-Fac-II dated 04.04.2008. He has assumed office on 04.04.2008.'
-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 Comp. u/s 16[4s] of Sick Industrial Companies [Special Provisionss] Act, 1985.