Optiemus Infracom Launches India's First Tempered Glass Manufacturing Plant in Noida

1 min read     Updated on 30 Aug 2025, 02:03 PM
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Overview

Optiemus Infracom has inaugurated India's first tempered glass manufacturing plant in Noida, using Corning Incorporated's technology. The initial ₹70 crore investment will produce 25 million units annually, creating 600 jobs. A planned ₹800 crore expansion aims to increase capacity to 200 million units and create 4,500 more jobs. The domestic market for tempered glass is valued at ₹20,000 crore, with a global market of over $60 billion. The facility includes comprehensive manufacturing capabilities and aligns with India's goal to develop a $500 billion electronics manufacturing ecosystem.

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*this image is generated using AI for illustrative purposes only.

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.

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Optiemus Infracom Reshuffles Board, Modifies Rs 296.37 Crore Fund Deployment

2 min read     Updated on 28 Aug 2025, 02:11 PM
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Shriram ShekharScanX News Team
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Overview

Optiemus Infracom has made significant changes to its board composition and fund deployment strategy. Key board changes include the reappointment of Ashok Gupta as Executive Chairman and Ritu Goyal as Independent Director, appointment of Vishal Rajpal as new Independent Director, and cessation of Naresh Kumar Jain's term. The company also appointed new Legal and Taxation heads. Additionally, Optiemus revised its fund allocation from a preferential issue, notably increasing working capital allocation from Rs 14.82 crore to Rs 65.70 crore. The 32nd AGM is scheduled for September 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Optiemus Infracom Limited , a key player in the telecom industry, has announced significant changes to its board composition and fund deployment strategy. The company's Board of Directors approved several crucial decisions during a meeting held on August 28, 2025.

Board Restructuring

The company has made notable changes to its leadership structure:

  • Executive Chairman Reappointment: Mr. Ashok Gupta has been re-appointed as Whole-time Director and Executive Chairman for a three-year term from April 1, 2026, to March 31, 2029. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

  • Independent Director Reappointment: Ms. Ritu Goyal has been re-appointed as an Independent Director for a second term of five years, from April 1, 2026, to March 31, 2031, pending shareholder approval.

  • New Independent Director: Mr. Vishal Rajpal has been appointed as an Independent Director for a three-year term, effective October 28, 2025, to October 27, 2028, subject to shareholder approval.

  • Director Cessation: Mr. Naresh Kumar Jain will cease to be an Independent Director upon completion of two consecutive five-year terms on October 27, 2025.

Senior Management Changes

The Board has also approved changes in senior management:

  • Mr. Kush Srivastava has been designated as Legal Head.
  • Mr. Rajesh Rana has been appointed as Taxation Head.

Both appointments are effective from August 28, 2025.

Fund Deployment Modification

Optiemus Infracom has announced a significant modification in the deployment of funds raised through a preferential issue of equity shares and fully convertible warrants. The company has revised the allocation of Rs 296.37 crore as follows:

Particulars Existing Amount (Rs in Lakh) Proposed Amount (Rs in Lakh) Utilization Deadline
Optiemus Electronics Limited 6,846.10 3,870.00 March 31, 2027
GDN Enterprises Private Limited 5,186.44 5,186.44 March 31, 2027
Optiemus Unmanned Systems Private Limited 1,867.12 800.00 March 31, 2027
Bharat Innovative Glass Technologies Private Limited 6,846.10 5,800.70 March 31, 2027
Working capital requirements 1,481.84 6,570.47 December 31, 2026
General Corporate Purposes 7,409.20 7,409.20 December 31, 2026
Total 29,636.81 29,636.81

Notably, the allocation for working capital requirements has been substantially increased from Rs 14.82 crore to Rs 65.70 crore.

Annual General Meeting

The 32nd Annual General Meeting of Optiemus Infracom is scheduled for September 30, 2025, at 3:00 PM IST through video conferencing. The company has set the book closure period from September 24 to September 30, 2025, for the AGM.

These strategic decisions reflect Optiemus Infracom's efforts to strengthen its governance structure and optimize its financial resources for future growth in the dynamic telecom sector.

Historical Stock Returns for Optiemus Infracom

1 Day5 Days1 Month6 Months1 Year5 Years
+4.60%+1.02%-3.05%+37.76%+2.54%+1,010.11%
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