Ai+ Smartphone signed a five-year manufacturing pact with Optiemus Electronics Limited to produce about 3 million smartphones at its Noida facility. The partners plan to invest Rs. 125 crore, expand production to tablets, IoT devices and wearables, and create around 1,200 jobs as output ramps up from April 2026.
Indian smartphone brand Ai+ Smartphone has signed a manufacturing agreement with Optiemus Electronics Limited (OEL), a subsidiary of Optiemus Infracom Limited, to produce mobile phones, tablets, IoT devices, and wearables from its Noida facility.
Under the five-year deal, Ai+ and OEL plan to jointly invest around Rs. 125 crore in India-based manufacturing, with production ramp-up targeted from April 2026. OEL will manufacture approximately 3 million Ai+ mobile devices under the agreement, with scope extending to tablets, IoT products, and wearables.
The partnership is expected to create around 1,200 direct and indirect jobs across manufacturing, operations, and support functions.
Madhav Sheth, CEO of Ai+ Smartphone and Founder of NxtQuantum Shift Technologies, said the deal was a concrete step toward building an Indian brand that treats "quality and sovereignty as non-negotiable." He added that the tie-up was designed to ensure more value in the industry is "created here, not just assembled here."
-
Microsoft CEO Satya Nadella Salutes Shantanu Narayen’s ‘Legendary’ Run At Adobe: How Did ADBE Stock Do Under Him?
-
Energy security: Congress seeks all-party meet amid West Asia crisis
-
LPG Shortage: Astrologer’s 5 months old prediction went viral, said- There will be gas shortage after March 2026. Astrologers Old Prediction On Fuel Crisis Goes Viral Amid LPG Shortage In India
-
Once I start BP medicine, will I have to take it for the rest of my life? Expert told ways to reduce BP… – News Himachali News Himachali
-
Offbeat Honeymoon Destinations: These 5 offbeat destinations are perfect for honeymoon, the trip will be memorable
