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OPTIEMUS ELECTRONICS LIMITED
$100 billion: How can India hit its lofty electronics export target?To reach the ambitious goal of a $5 trillion economy, the government aims for $300 billion in electronics production, including $100 billio...
Corning JV signs pact with Tamil Nadu govt for glass-making unitCorning with its joint venture partner Optiemus Infracom will set up the facility at an investment of Rs 1,003 crore, with a potential to c...
Indian smartphone manufacturers likely to miss FY24 PLI targetsIndian smartphone manufacturers, including Lava and Bhagwati, are struggling to meet their production targets under the PLI scheme for the ...
Xiaomi to source 50% smartphone components locally, partners Optiemus for hearablesWhen asked about the continuous decline in shipment of Xiaomi smartphones, Muralikrishnan said that 2022 was a tough year and the company i...
Government may announce PLI scheme for more sectors in BudgetThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
India mulls rules for live commerce; TCS Q3 net profit grows 11% YoY; Zerodha profit nearly doubles in FY22The Bureau of Indian Standards (BIS), which is under the Ministry of Consumer Affairs, has begun to assess the need for guidelines for the ...
- TCS net profit up 4% from Q2, misses estimates; India’s iPhone exports double to over $2.5B
Tata Consultancy Services reported a lower-than-expected profit for the third quarter on Monday, as clients tightened spending amid a chall...
Home-bred Noise eyes Rs 2,000 crore in revenue this fiscal; looking for R&D partnersNoise has grown over 100% in the last one year in the true wireless stereo (TWS) segment, and is expecting to grow over 50% this year
Optiemus plans to hire around 2,000 people in 2 years, expand manufacturing capacityThe company's existing production capacity is likely to be exhausted within two years and it has started looking for locations to set-up a ...
IT hardware makers seek higher sops under PLI scheme to be globally competitiveIndia Cellular and Electronics Association of India (ICEA), which represents the likes of HP, Dell, Lenovo, Acer and contract manufacturers...
Optiemus buys out Wistron stake in manufacturing JV“Optiemus Infracom Limited, leading telecommunications enterprise today announced the completion of the acquisition of 27,60,000 Equity sha...
Optiemus Infracom to buy 19.91% stake in Optiemus Electronics from WistronThe stake will be acquired in an all cash deal of Rs 1.24 crore by Optiemus Infracom from Wistron.
Six states woo mobile phone manufacturers with incentives and attractive subsidiesUttar Pradesh has already written to both Pegatron and Apple, highlighting its offer of 20% added incentive on capital invested and 25% sub...