Optiemus and Wistron to invest US$200 Million in India

To boost “Make-in-India” initiative, Optiemus Infracom and Wistron Corporation, Taiwan’s leading Original Design Manufacturer (ODM), have come up with a joint venture (JV) agreement, in the presence of Amitabh Kant, IAS, Secretary, DIPP, Government of India, to set up manufacturing facilities for telecom products in India.

The partnership aims to provide a complete end-to-end solution to global and Indian brands, encompassing manufacturing infrastructure, distribution, retail and after-sales.

Ravinder Zutshi, Managing Director, Optiemus Infracom Limited, said, “It is a matter of great pride for us to actively contribute to the growing manufacturing ecosystem in the country. With this partnership, we are committed to make available world-class technology products at affordable prices for global and local brands. Embarking on this new journey, we intend to emerge as one of the top three third-party manufacturers in the country in the next five years. Our collective expertise in design, manufacturing, distribution, retail and after-sales services will provide a holistic solution for brands in India.”Read more

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