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As on : 12-Mar-2026

Corporate News
12-Mar-2026 13:55

Optiemus Electronics secures manufacturing deal from Ai+ Smartphone

Ai+ Smartphone has entered into a manufacturing agreement with Optiemus Electronics (OEL), a subsidiary of Optiemus Infracom, to produce mobile phones, tablets, IoT devices, and advanced wearable products in India.

Under the agreement, Ai+ Smartphone and OEL plan to invest around Rs 125 crore 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. The scope of manufacturing will also extend to tablets, IoT products, and advanced wearable devices, providing Ai+ Smartphone with a scalable India-based production backbone for its broader smart device portfolio. Production will take place at OEL's facility in Noida, with ramp-up targeted from April 2026.

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