Electronics manufacturing company ITI Limited and the Defence Research and Development Organisation (DRDO) are set to sign an agreement for the manufacturing of portable ventilators, a top official of the public sector firm said on Thursday.\
"We are going to sign a memorandum of understanding with DRDO in the next 2-3 days for the transfer of technology for portable ventilators. We will get 80-90 per cent components locally and the rest will have to be imported. We expect to start manufacturing ventilators in the Bengaluru plant in two-and-a-half months from the date of technology transfer," ITI Chairman and Managing Director RM Agarwal told PTI. \
"The cost of ventilators that we will produce will be lower than units of the same quality. Being a PSU, we will not charge high margins. The final cost cannot be estimated at present because the cost of components for low volume production will be high and less for high volume production. Once DRDO transfers technology, we will start working on material cost and orders," Agarwal said.\ \
\ndia might need anywhere between 110,000-220,000 ventilators by May 15 in the worst-case scenario if coronavirus infection continues to spread. The number of ventilators available in the country is a maximum of 57,000 at present and come with a cost of Rs 5-15 lakh, according to a Brookings report.\ \
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