Optiemus Infracom spurts after subsidiary ties up with Taiwan's ASRock
Under the agreement, Optiemus Electronics, a wholly owned subsidiary of Optiemus Infracom, has already commenced production of ASRocks enterprise and gaming desktop motherboards in India as of April 2025. These Made-in-India products are expected to be available in the domestic market starting May 2025.
The two companies also plan to expand their product portfolio in India, marking a notable shift as the Indian electronics manufacturing sector branches into new categories. This partnership positions Optiemus Electronics to strengthen its presence in the IT hardware segment.
ASRocks motherboards are currently popular in both domestic and international markets but have so far been imported into India.
On the partnership, Ashok Gupta, executive chairman, Optiemus Group said, "We are elated to partner with ASRock, which aligns perfectly with our vision of enabling cutting-edge manufacturing capabilities in India. This announcement brings forward our enhanced capabilities of handling highly complex large Printed Circuit Board assembly, including BGA, fine pitch assembly and the ability to deliver precision placement for very small capacitors and resistors, an important consideration for manufacturing complex AI motherboards for telecom industry, high-end desktops and AI powered laptops. Today, OEL has fully automated manufacturing processes with minimal human intervention including advanced nitrogen reflow systems that are of paramount importance for optimising soldering processes to ensure long term reliability."
He further added, "We are on the path to meet the growing domestic demand, catering to exports market, creating new employment opportunities and fostering skill development in high-tech manufacturing."
Optiemus Electronics, engaged into the business of electronics manufacturing in India, provides end-to-end solutions to global and Indian brands encompassing world class manufacturing, supply chain management and repair/refurbishment. The company has two manufacturing units in Noida, Uttar Pradesh.
Optiemus Infracom is a telecommunications company with an experience in managing, distributing, and marketing mobile and telecom products in the Indian subcontinent.
On a consolidated basis, net profit of Optiemus Infracom declined 16.34% to Rs 15 crore while net sales declined 2.12% to Rs 471.50 crore in Q3 December 2024 over Q3 December 2023.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
11 minutes ago
- Business Standard
DoT issues ₹7,800 cr demand notice to Tata Communications over AGR dues
The Department of Telecom has issued a "show-cause-cum-demand notice" of about Rs 7,800 crore to Tata Communications over adjusted gross revenue dues, according to an official note by the company. The demand has been raised by the Department of Telecom (DoT) for adjusted gross revenue (AGR) from 2005-06 till 2023-24, as per the note dated July 17. "As at June 30, 2025, the company has received 'Show Cause-cum Demand Notices' ('demand notices') from Department of Telecommunications of India aggregating to Rs 7,827.55 crore for financial years ranging from FY 2005-06 to FY 2023-24, which have been revised over a period of time," Tata Communications Managing Director AS Lakshminarayan said. He said the demand notices include Rs 276.68 crore towards disallowance of deductions claimed by the company on payment basis for the financial year (FY) 2010-11 under ISP (internet service provider) licence and FY07 and FY10 under NLD (national long distance) licence. Tata Communications has existing appeals relating to its ILD (International Long Distance), NLD, and ISP licences that were filed in the past and are pending at the Supreme Court and telecom tribunal TDSAT. Lakshminarayan said the company's appeals are not covered by the apex court judgement dated October 24, 2019, on AGR under the old telecom licence regime called UASL. "Further, the company believes that all its licences are different from UASL, which was the subject matter of Hon'ble Supreme Court judgement of October 24, 2019. The company, based on its assessment and independent legal opinions, believes that it will be able to defend its position," Lakshminarayan said. As per initial calculation by the government, telecom operators had liability to pay around Rs 1.65 lakh crore in total AGR dues till FY19. The calculation as of March 2022 showed that the AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore up to financial year 2018-19. The government calculation at that time did not include liability on Tata Communications. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
&w=3840&q=100)
Business Standard
11 minutes ago
- Business Standard
UK cos can offer telecom services in India without local office under CETA
Companies from the UK will be able to offer services in sectors such as telecom, and construction in India without setting up a local presence, under the free trade agreement signed between the two countries. The British firms will be treated on par with Indian firms. The Comprehensive Economic and Trade Agreement (CETA) was signed on July 24 in London. It may take about a year for items implementation as the free trade pact needs approval from the British Parliament. "UK companies can now provide telecom, construction, and related services in India without establishing a local presence, enjoying full national treatment, meaning they will be treated on par with Indian firms," the commerce ministry said. Services is a key chapter in the agreement as both countries are strong in different kinds of services. India enjoys a trade surplus of around $6.6 billion with the UK. The country's services exports stood at $19.8 billion and imports at $13.2 billion. In the agreement, the UK has provided a comprehensive and deep market access in 137 sub-sectors to Indian firms. On the Indian side, commitments have been extended in 108 sub-sectors, granting UK firms access to domains like accounting, auditing, financial services (with FDI capped at 74 per cent), telecom (100 per cent FDI allowed), environmental services, and auxiliary air transport services, it said.
News18
20 minutes ago
- News18
CM Naidu meets Indian High Commissioner in Singapore, investors
Amaravati, Jul 27 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu, as part of his five-day visit to Singapore, met the Indian High Commissioner and several investors on Sunday and showcased the state's vast potential. He said that Andhra Pradesh is the most suitable destination for global investments, highlighting strengths in the green energy, electronics, ports, logistics and manufacturing sectors. 'Andhra Pradesh offers abundant opportunities for investment across multiple sectors," said Naidu in an official release. The CM held talks with Indian High Commissioner Shilpak Ambule, who shared insights into Singapore's achievements in diverse areas, its robust economic growth and the effective public policies being implemented there. Naidu shared details of the state's newly introduced policies, aimed at attracting investments across various sectors. The state has set an ambitious target of producing 160 gigawatts of green energy, he added. He informed the High Commissioner that green hydrogen projects have already been launched in Visakhapatnam (in partnership with NTPC) and Kakinada. Under the India Quantum Mission, Andhra Pradesh is set to establish the country's 'first-ever Quantum Valley' in Amaravati, said Naidu, adding that global tech leader Google is setting up a data center in Visakhapatnam. Highlighting Andhra's industrial potential, the CM said Rayalaseema is ideal for defence and aerospace units and urged support to make the state a gateway for Singaporean investments. Ambule informed the CM that on several sectors, the Singaporean companies are exploring investment opportunities in Andhra Pradesh, including electronics, semiconductor manufacturing, shipbuilding, port operations, data centers and pharmaceuticals. According to the release, major Asia-Pacific firms headquartered in Singapore, including STT (ST Telemedia)–which specialises in digital infrastructure and data centers and Keppel Corporation–which operates in infrastructure, energy, and urban development have shown interest in investing in Andhra Pradesh. Similarly, Equinix, a global leader in data centers and internet connectivity services and PSA International-a port operating company and logistics firms have shown interest in investing in Andhra Pradesh. The meeting also focused on collaboration in fields such as artificial intelligence, startups, medical device research, and academic partnerships between universities in the southern state and Singapore. Andhra Pradesh Education Minister Nara Lokesh shared plans for expanding higher education institutions while Municipal Minister P Narayana presented state's housing schemes, inspired by Singapore's successful public housing model. Later, Naidu met the representatives from Surbana Jurong, a global urban infrastructure company who has shown interest in investing in Andhra Pradesh and invited them to join large-scale housing projects under the state's 'Housing for All" initiative. The CM explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. Similarly, Eversendai Engineering, a Malaysia-based construction firm, has shown interest in investing in Andhra Pradesh after its chairman Tan Sri Dato' AK Nathan met Naidu. They discussed plans to set up a state-of-the-art manufacturing factory and integrated training center in the state, with Visakhapatnam or Krishnapatnam shortlisted as possible locations. The proposed factory, spread over two lakh square meters, will aid nationwide product distribution, boost industrial growth, and create large-scale employment opportunities across Andhra Pradesh's emerging industrial zones, said the release. Eversendai also expressed interest in Amaravati's infrastructure projects and proposed a structural engineering training center with IIT Tirupati and IIIT Sri City as knowledge partners. PTI MS GDK KH view comments First Published: July 27, 2025, 22:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
