Synopsis:
Optiemus Infracom inaugurated India’s first tempered glass plant in Noida with Corning technology, backed by Rs. 70 crore investment, targeting 200M units annually and 4,500 jobs, amid India’s booming electronics sector.
Shares of a high-performance telecommunications and manufacturing enterprise and a leading electronics manufacturer surged around 10 percent on Monday, after Union Minister Ashwini Vaishnaw inaugurated India’s First Tempered Glass Manufacturing Facility by company.
At 02:03 p.m., the shares of Optiemus Infracom Limited were trading in the green at Rs. 590.7 on BSE, up by around 6 percent, as against its previous closing price of Rs. 556.3, with a market cap of Rs. 5,154 crores. The stock has delivered positive returns of about 4 percent in the last one year, but has fallen by over 1 percent in the last one month.
What’s the News
According to its latest regulatory filings, Optiemus Infracom Limited has inaugurated India’s first manufacturing plant for tempered glass in Noida (Uttar Pradesh), powered by Engineered by Corning™—a technology developed by Corning Incorporated, one of the world’s leading innovators in materials science.
The facility was formally inaugurated by Union Minister Shri Ashwini Vaishnaw, marking a significant milestone for India’s rapidly growing electronics ecosystem. It is equipped with comprehensive manufacturing capabilities, including scribing, shaping/chamfering, polishing, dual-stage rinsing, chemical tempering, coating, printing, and lamination.
With an initial investment of Rs. 70 crore, the Noida facility features a state-of-the-art infrastructure to convert raw materials into high-quality tempered glass. Phase 1 will have an annual capacity of 25 million units, creating direct employment for over 600 people.
Under Phase 2, Optiemus plans to expand capacity to 200 million units annually with an additional investment of Rs. 800 crore, generating over 4,500 direct jobs to serve both local and global markets.
Notably, in FY24-25, India’s overall electronics production crossed Rs. 11.7 lakh crores, positioning the country as the world’s second-largest mobile manufacturing hub. India’s domestic tempered glass market is estimated at over 500 million pieces annually, valued at ~Rs. 20,000 crore, while the global market exceeds $60 billion, highlighting large-scale opportunities.
Also read: EMS stock jumps over 3% after signing ₹1,000 Cr MoU with Maharashtra Govt
Financials and more
Optiemus Infracom reported a marginal decline in its revenue from operations, showing a year-on-year decrease of around 12 percent from Rs. 493 crores in Q1 FY25 to Rs. 435 crores in Q1 FY26.
In contrast, its net profit increased during the same period from Rs. 12 crores to Rs. 15 crores, representing a rise of about 25 percent YoY. As per the management, given the strong sectoral tailwinds and recent government initiatives, the company aims to achieve four-digit EBITDA within the next 24 to 36 months.
Optiemus Infracom Limited is primarily engaged in the business of distribution and marketing of mobile & telecom products, where manufacturing is predominantly restricted to third-party brands. Its wholly owned subsidiary, GDN, undertakes the manufacturing of these products.
The manufacturing segment contributes the largest share of the company’s revenue, driven by the production of telecommunication, allied, and electronic products for leading brands such as Oppo, Micromax, HTC, and others. Optiemus serves both domestic and international markets, reflecting a diversified geographic footprint.
Beyond telecom, Optiemus Infra also has a presence in the drone sector, offering advanced solutions such as Electronic Warfare (EW) capabilities, GNSS-denied operations, RF countermeasure technology, smart munitions enablement, and Agriculture Drone-as-a-Service (DaaS).
Written by Shivani Singh
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