  The government may reportedly merge financially troubled ITI with BSNL, a move which may add more financial stress to BSNL which itself is facing dwindling financial results.
As per The Times of India report, the move may put BSNL under stress which is facing supply side constraints and competitive pressures.
A senior official is quoted to have said that ITI does not has manufacturing capabilities now and its present line of business is in low margin business verticals implying a remote possibility of turn around for the company. |