Optiemus Infracom Limited, a key player in the telecommunications and electronics manufacturing sector, has announced a strategic investment of ₹7.70 crore in its wholly-owned subsidiary, Optiemus Electronics Limited (OEL). This move aims to strengthen OEL's manufacturing capabilities and support its expansion plans in the rapidly growing mobile and electronics industry.

Investment Details

The Operations and Administration Committee of Optiemus Infracom's Board of Directors approved the acquisition of 2,46,794 equity shares of OEL at ₹312.00 per share through a rights issue. This investment will increase Optiemus Infracom's stake in OEL from 1,90,74,980 shares to 1,93,21,774 shares, maintaining its status as a wholly-owned subsidiary.

Strategic Objectives

The investment is strategically aligned with several key objectives:

1. Supporting OEL's working capital requirements
2. Enhancing business operations through capital expenditure
3. Maintaining ownership and control in the wholly-owned subsidiary
4. Strengthening the balance sheet and improving financial flexibility
5. Diversifying risk and creating value for stakeholders

About Optiemus Electronics Limited

OEL, incorporated on January 29, 2016, is a prominent manufacturer in the electronics industry. The company specializes in producing:

• Mobile phones
• Hearables and wearables
• IT hardware
• Telecom products

With two manufacturing facilities located in Noida, Uttar Pradesh (Sector 63 and Sector 65), OEL provides end-to-end solutions for both global and Indian brands. The company has established itself as a trusted partner for many local and global brands, known for its commitment to quality, timely delivery, flexibility, and customer satisfaction.

Financial Highlights

For the fiscal year ending March 31, 2025, OEL reported impressive financial results:

Transaction Details

The investment is structured as a related party transaction, conducted at arm's length basis, with the share price determined by an independent valuer. The acquisition is expected to be completed within 90 days and does not require any regulatory approvals.

Industry Outlook

This investment comes at a time when the electronics manufacturing sector in India is experiencing significant growth. With the government's push for 'Make in India' and the increasing demand for electronic devices, companies like Optiemus Infracom and OEL are well-positioned to capitalize on these opportunities.

The strategic investment in OEL underscores Optiemus Infracom's commitment to strengthening its manufacturing capabilities and expanding its presence in the electronics industry. As the sector continues to evolve, this move is likely to enhance the company's competitiveness and contribute to its long-term growth prospects.

Optiemus Infracom , a leading electronics manufacturer, has made a significant stride in India's 'Make in India' initiative by inaugurating the country's first tempered glass manufacturing plant in Noida, Uttar Pradesh. The facility, which uses technology developed by Corning Incorporated, was officially opened by Union Minister Ashwini Vaishnaw, marking a pivotal moment in India's growing electronics ecosystem.

Investment and Employment

The company has invested ₹70.00 crore in the initial phase of the project. This first phase will have an installed capacity of 25 million units per annum and is expected to create over 600 direct jobs. In an ambitious second phase, Optiemus plans to:

• Invest an additional ₹800.00 crore
• Scale up capacity to 200 million units per annum
• Create more than 4,500 direct job opportunities

Market Opportunity

The domestic market for tempered glass is estimated to be more than 500 million pieces, with a retail value of approximately ₹20,000.00 crore. Globally, the market is valued at over $60.00 billion, presenting a significant opportunity for Optiemus Infracom.

Government Support and Industry Perspective

Union Minister Ashwini Vaishnaw, while inaugurating the facility, stated, "This facility is a testament to India's growing capabilities in advanced manufacturing and innovation. We believe that Indian companies should manufacture durable and high-quality products that benefit both Indian and global customers."

Ashok Kumar Gupta, Chairman of Optiemus Infracom Limited, emphasized the significance of this development, saying, "This is a landmark moment for the Indian electronics manufacturing industry and the Make in India vision. Despite being one of the world's largest mobile phone markets, India has relied on imports for tempered glass."

Manufacturing Capabilities

The new facility is equipped with world-class machinery and comprehensive manufacturing capabilities, including:

• Scribing
• Shaping/chamfering
• Polishing
• Dual-stage rinsing
• Chemical tempering
• Coating
• Printing
• Lamination

Each stage undergoes stringent quality inspections to ensure standardized, high-quality tempered glass production.

Future Prospects

Pankaj Mohindroo, Chairman of the India Cellular & Electronics Association (ICEA), highlighted the potential of this segment, stating, "This product segment has a very high labour-intensive manufacturing process and presents a tremendous opportunity for India – not just to meet its own high domestic demand, but also to become a leading exporter."

The inauguration of this facility aligns with India's goal to develop a $500.00 billion electronics manufacturing ecosystem and positions the country as a potential global hub for electronics accessories manufacturing.