Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Optiemus Electronics to expand manufacturing capacity

Monday, 08 Nov 2021
Share this on :

Optiemus Electronics (OEL) is planning to expand its production capacity and aims to increase its headcount by around 2,000 people in the next two years.

The company's existing production capacity is likely to be exhausted within two years and it has started looking for locations to set up a new manufacturing unit. At present, the company has a team of 300 people.

OEL is among the electronic manufacturing services firms that has qualified for production-linked incentive (PLI) schemes for mobile phones, IT hardware and telecom products.

The government is giving incentives to companies under the PLI scheme based on the investments they make and incremental sales on a year-on-year basis.

The company has inked an agreement with its old joint venture (JV) partner and Apple's contract partner Wistron to jointly work on boosting production of mobile devices, IT hardware, telecom equipment, etc.

In August 2021, OEL stated that it will invest Rs 1,350 crore in manufacturing of mobile phones and telecom gear with an aim to generate revenue of Rs 38,000 crore in the next three-five years from electronics manufacturing services (EMS) and create 11,000 jobs.

The company has started looking for locations to set up a new factory as present capacity is expected to be exhausted within two years.

OEL has two manufacturing plants in Noida, Uttar Pradesh, with a total combined manufacturing capacity of 20 lakh devices per month.

 

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services