Optiemus Electronics Looking To Expand Production Capacity, Make 2k New Hires In 2 Years

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

As the government envisages boosting electronics manufacturing in the country, a top company official at Optiemus Electronics has revealed that it is planning to expand its production capacity and aims to increase its headcount by around 2,000 people in next two years.

Optiemus Electronics Limited (OEL) managing director A Gururaj told news agency PTI that 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. The electronics manufacturer currently employs 300 people.

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“We will have to wait and see how much volume our customers will look at, but I do believe that over the next one to one-and-a-half years, at least a couple of thousand people will be added on the shop floor, if not more,” Gururaj said.

This comes as the government formulates various schemes to boost local manufacturing. 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.

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

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

“We are doing a lot of hand picking of people when we hire the people and that is our biggest focus right now to get the right manpower with the right experience. Given that the product portfolio will be wide, mobile phones, laptops, servers, wearables etc, it’s a wide space of working,” he said.

He said that the company has started looking for locations to set-up a new factory as present capacity is expected to be exhausted within two years.

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

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