ICT Including Services
The state-owned telecom equipment maker ITI Limited is setting up an electronic manufacturing cluster (EMC) under MEITY modified scheme in Bengaluru and has sought approval from the administrative ministry for a long-term lease. The state-run company has sought the DoT approval for a long-term lease following the willingness by nearly 50 manufacturers or original equipment makers worldwide. The government's modified scheme, for the first time has allowed public-run companies to set up manufacturing clusters under the scheme and avail prevalent benefits including financial assistance.
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