ITI Ltd has won a contract valued at 727.6 million rupees for the construction of a state-of-the-art ice-hockey rink. The project highlights the company’s diversification into sports infrastructure and is expected to boost India’s recreational and sporting facilities while strengthening ITI’s order book.
ITI Ltd, a leading public sector undertaking, announced that it has secured a major contract worth 727.6 million rupees to build an advanced ice-hockey rink. The project underscores ITI’s growing presence in infrastructure development beyond its traditional telecom and technology focus, marking a significant step in diversifying its portfolio.
Key highlights from the announcement include
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The project is valued at 727.6 million rupees, adding substantial strength to ITI’s order pipeline.
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The ice-hockey rink will be designed to meet international standards, supporting both professional and recreational use.
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The initiative reflects ITI’s strategy to expand into sports and recreational infrastructure.
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The project is expected to contribute positively to revenues in upcoming quarters.
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Industry experts view the contract as a sign of ITI’s adaptability and ability to tap into new growth areas.
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The development aligns with India’s broader push to enhance sports infrastructure and promote diverse sporting activities.
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ITI’s proven track record in executing large-scale projects positions it well for timely delivery.
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The project is expected to attract attention from both domestic and international sporting bodies.
The award of this contract highlights ITI Ltd’s commitment to diversification and innovation. By venturing into sports infrastructure, the company is poised to strengthen its market presence while contributing to India’s growing recreational ecosystem.
Sources: Business Standard, Economic Times, Moneycontrol