Optiemus boosts Atmanirbhar Bharat with foray into Telecom Equipment Manufacturing

As India moves into the next phase of its telecom and electronics manufacturing revolution, Optiemus Electronics today announced that it has forayed into telecom equipment manufacturing. In the efforts to boost indigenous designing and manufacturing of telecom equipment in India, aligning with the vision of Hon'ble Prime Minister for an Atmanirbhar Bharat, Optiemus is working with Tejas Networks as a manufacturing partner for a wide array of telecom equipment products like 4G Base Band Units / Remote Radio Head / ONT / ONU / Broadband Switches & Routers from its state-of-the-art Noida manufacturing facility.

The announcement comes against the backdrop of India's ongoing efforts to move towards selfreliance in the design and manufacturing of telecom equipment. Optiemus aims to significantly enhance the domestic manufacturing capabilities of telecom equipment.

Tejas Networks, one of the highly valued Indian companies designing and manufacturing telecom and networking products, has evolved as a strong trusted partner in the Indian telecom ecosystem over the last decade.

A Gururaj, MD, Optiemus Electronics said, "It is a momentous occasion as we expand our manufacturing capabilities to foray into the growing industry of telecom equipment manufacturing. Tejas Networks stands on a strong foundation to make significant strides in domestic manufacturing of telecom equipment and we are ready to support them in this endeavor to take another leap towards the 'Make in India' initiative in telecom manufacturing in India."

V Sembian, Chief Supply Chain Officer, Tejas Networks said, "Tejas has been at the forefront of indigenous telecom equipment design and manufacturing for a long time in India. In our continuous pursuance towards Atmanirbhar Bharat, adding Optiemus, as one of our manufacturing partners, will provide a boost to the domestic manufacturing of telecom products.

Shares of Optiemus Infracom Limited was last trading in BSE at Rs. 565.85 as compared to the previous close of Rs. 505.85. The total number of shares traded during the day was 282389 in over 8942 trades.

The stock hit an intraday high of Rs. 570.45 and intraday low of 505.45. The net turnover during the day was Rs. 154919650.00.

Source : Equity Bulls

Keywords

OptiemusInfracom INE350C01017 OptiemusElectronics TelecomEquipment Manufacturing TejasNetworks