Electronics manufacturing services firm Optiemus Infracom and Ordinary Theory LLC USA have announced to set up a joint venture for manufacturing, market development, and sales of smart enterprise hardware and integrated industrial solutions, a regulatory filing said on Tuesday. The joint venture will focus on creating smart enterprise hardware solutions spanning payments, retail, logistics, and AI. This partnership with Ordinary Theory LLC excites us as it will help us further strengthen our world-class manufacturing capabilities for Smart Enterprise Hardware & Industrial Solutions of today and tomorrow. These products will also support the rapidly growing fintech, logistics, retail and AI space, where we aim to play a pivotal role, Optiemus Infracom, Chairman, Ashok Kumar Gupta said in a statement. Optiemus will own a majority stake in the joint venture. "We are delighted to join hands with Optiemus, a recognised leader in India's electronics manufacturing sector. Together, we ...
The buying on the counter came after the company signed a joint agreement with Nothing Electronics for carrying out the business of manufacturing electronic products of Nothing and CMF
Union Electronics and IT minister Ashwini Vaishnaw on Saturday inaugurated Optiemus Infracom's tempered glass screen protectors factory here with an outlay of Rs 870 crore. Earlier this month, the company launched RhinoTech -- Made-in-India tempered glass screen protectors, which uses glass engineered by US-based Corning. Optiemus Infracom has invested Rs 70 crore in the first phase of the factory with installed capacity of 25 million units per annum, generating direct employment for over 600 people. "Optiemus is the new gem in the fast growing electronics manufacturing ecosystem in the country. By the end of this year, production of covered glass from Corning will also commence," Vaishnaw said. The minister said that Optiemus should consider increasing its research team headcount of 40 to 400. Optiemus Chairman Ashok Kumar Gupta said that in the second phase, the company will scale up capacity to 200 million units per annum for local and global markets, with an additional invest
Electronics manufacturer Optiemus Infracom expects revenue of Rs 1,800-2,000 crore in the financial year 2027 from its tempered glass screen protectors business, a top company official said on Wednesday. The company launched RhinoTech -- Made-in-India Tempered Glass Screen Protectors, which uses glass engineered by Corning. Optiemus Infracom Chairman Ashok Kumar Gupta said that RhinoTech brings global technology and innovation with enhanced hygienic benefits like anti-microbial glass. "It is the first time in India that such advanced screen protection, developed with glass from Corning Incorporated, will be produced locally and made available for both domestic and international markets. We expect additional revenue of Rs 1,800-2,000 crore in financial year 2027 from RhinoTech business," Gupta said. RhinoTech screen protectors will be manufactured at Optiemus' facility in Noida, Uttar Pradesh.