Tech Mahindra plans to foray into telecom equipment manufacturing
Tech Mahindra is planning to foray into telecom equipment manufacturing and it has already entered into an agreement with state-run ITI Ltd to manufacture 4G equipment. According to sources, senior officials of Tech Mahindra have held several meetings with Department of Telecommunications (DoT) officers, including telecom secretary Anshu Prakash, recently, indicating their manufacturing ambitions.
“In fact, the company is expressing confidence that in next 12 months, it will be able to manufacture equipment like 4G radio, etc in India. The company wants to offer its products to BSNL to start with,” said a source privy to the details.