C-DOT: Driving Telecom Innovation with Rs 1,000 Crore Revenue in 2023
The Centre for Development of Telematics (C-DOT) is expected to generate Rs 1,000 crore in revenue this fiscal, along with a government grant of Rs 400 crore. This growth highlights its role in telecom innovation and security, while Pemmasani affirms his commitment to supporting C-DOT's initiatives.
- Country:
- India
The Centre for Development of Telematics (C-DOT), a state-owned telecom research organization, is on track to achieve Rs 1,000 crore in revenue for the current fiscal year, confirmed Minister of State for Telecom Chandra Sekhar Pemmasani. This financial milestone underscores its commercial relevance and technology leadership.
In addition to the revenue, C-DOT is slated to receive a substantial government grant of Rs 400 crore, marking its influence as a self-sustaining innovation engine. Minister Pemmasani highlighted C-DOT's achievements in creating indigenous solutions while aligning with national telecom security and digital inclusion priorities.
Pemmasani, addressing scientists and engineers, urged the focus on developing solutions rather than just products. He reaffirmed his dedication to serving the country, driven by gratitude for his accessible education and success, while committing support for C-DOT's ongoing research and development efforts.
(With inputs from agencies.)
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