Joint Venture12 Mar 2026, 10:16 am
Optiemus Infracom's Subsidiary to Manufacture Ai+ Smartphones, Tablets, IoT Devices, and Advanced Wearable Products in India
AI Summary
Optiemus Electronics Limited (OEL), a subsidiary of Optiemus Infracom Limited, has entered into a manufacturing agreement with Ai+ Smartphone to produce mobile phones, tablets, IoT devices, and advanced wearable products in India. The agreement involves an investment of around INR 125cr in India-based manufacturing under the Government of India’s Make in India vision over 5 years, creating approximately 1,200 direct and indirect jobs across manufacturing, operations and supporting functions. OEL will manufacture approximately 3 million Ai+ Smartphone mobile devices under this agreement, with production taking place at OEL's facility in Noida.
Key Highlights
- Optiemus Infracom's subsidiary, Optiemus Electronics Limited, to manufacture Ai+ Smartphones, tablets, IoT devices, and advanced wearable products in India.
- INR 125cr investment in India-based manufacturing under the Government of India’s Make in India vision over 5 years.
- Creation of approximately 1,200 direct and indirect jobs across manufacturing, operations and supporting functions.
- Manufacturing of approximately 3 million Ai+ Smartphone mobile devices.
- Production to take place at OEL's facility in Noida.