Royace Eye announces collaboration with ITI

Royace Eye Industries India, the leading technology and security solutions provider, announced its strategic technology-sharing partnership with the India’s first public sector unit - Indian Telephone Industries (ITI).

The partnership would set ground, that would support both firms to manufacture products under ‘Make in India Project’ and will cater to the market of Smart surveillance and security devices and IOT based products in commercial and public sectors.

Technology sharing
Both the firms have got into a pact, under which Royace Eye Industries and ITI would be sharing technology specific information and intellectual property.

This tie up would help Royace Eye gain significant creditability within the market.

The company’s strong investment plans to up manufacturing and to create a strong extensive network throughout India, would help the firm to capitalise its position in the Indian technology sector and help serve its stakeholders better, a release said.