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Optiemus is one of the 16 companies to have received approval from the government under a production-linked incentive (PLI) scheme on Tuesday.
\"Towards fulfilment of its absolute commitments to enhance value addition, Optiemus has already decided to invest up to Rs 300 crore over the next 2-3 years in the glass ecosystem and mechanical items manufacturing especially in areas to support display assembly, back cover, etc,\" Optiemus Electronics chairman Ashok Gupta said in a statement.
Optiemus has worked with Oppo, OnePlus<\/a>, LG, HTC, Blackberry<\/a>, Reliance Jio and Zen to make their devices<\/a> in its Noida facility.
\"This manufacturing activity related to components of handsets will not only help to generate employment and reduce forex (foreign exchange) outflows but at the same time, this will also help reduce India's dependency on China-manufactured components,\" Gupta said.
He said the PLI approval granted in favour of Optiemus Electronics will definitely go a long way to attract substantial manufacturing business for this company, which is determined and raring to go beyond the Indian market and serve the global market demand as well.
PLI offers an incentive of 4-6 per cent on incremental sales (over base year) of goods under target segments that are manufactured in India to eligible companies, for a period of five years subsequent to the base year (2019-20).
The government has announced that it will create five national champions in the field of mobile phone manufacturing by giving them required support.
\"Optiemus is already engaged in active discussions with various stakeholders from this industry and is confident in fulfilling and delivering to the requirements of its customers,\" Gupta said.
He added that Optiemus plans to build strong design capability and supply chain partnerships in India in the immediate future and emerging as a strong Indian champion.
The government has approved 16 out of 23 proposals from domestic and international firms entailing an investment of Rs 11,000 crore under the PLI scheme, to manufacture mobile phones worth Rs 10.5 lakh crore over the next five years.
Out of the total production worth Rs 10.5 lakh crore in the next five years, around 60 per cent will be contributed by exports of the order of Rs 6.5 lakh crore.
The companies include iPhone maker Apple<\/a>'s contract manufacturers Foxconn<\/a> Hon Hai, Wistron<\/a> and Pegatron, apart from Samsung<\/a> and Rising Star.
Apart from Optiemus, domestic companies whose proposals have been approved include Lava, Bhagwati (Micromax<\/a>), Padget Electronics (Dixon Technologies) and UTL Neolyncs.
Industry body India Cellular and Electronics Association, whose members include Apple, Foxconn, Wistron, Lava, Optiemus, said the approval for Indian companies is a fair hand dealt and each company has got one approval.
ICEA Chairman Pankaj Mohindroo said, \"Now, the challenge is: Can these future Indian champions build core design and brand capabilities and also scale up to become globally competitive or some of them use it tactically and fade out with the PLI incentive. A leap in mindset is required and I am sure that once bitten, twice shy, they have learnt their lessons.\"
MAIT President Nitin Kunkolienker said the new strategy of export-led growth will help create expansion of manufacturing in India and will help to achieve scale.
\"This will also help in expanding the value chain of components. Further, this will also enable Indian manufacturers of both finished products and components to participate in global value chains,\" Kunkolienker said.<\/body>","next_sibling":[{"msid":78539760,"title":"Qualcomm-branded gaming smartphones may launch soon","entity_type":"ARTICLE","link":"\/news\/qualcomm-branded-gaming-smartphones-may-launch-soon\/78539760","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":78540904,"entity_type":"ARTICLE","title":"Optiemus to invest Rs 300 cr in mobile manufacturing over 3 years","synopsis":"Optiemus is one of the 16 companies to have received approval from the government under a production-linked incentive (PLI) scheme on Tuesday.","titleseo":"telecomnews\/optiemus-to-invest-rs-300-cr-in-mobile-manufacturing-over-3-years","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":951,"shares":0,"engagementtimems":4623000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-10-07 22:56:59","lastupd":"2020-10-07 23:01:27","breadcrumbTags":["Smartphone","smartphone manufacturing","Wistron","Devices","oneplus","apple","Samsung","Foxconn","Blackberry","Micromax"],"secinfo":{"seolocation":"telecomnews\/optiemus-to-invest-rs-300-cr-in-mobile-manufacturing-over-3-years"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-10-07" data-index="article_1">
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Optiemus的16家公司得到了政府的批准下根据周二激励计划(PLI)。
”实现的绝对承诺提高价值,Optiemus已经决定投资300卢比在未来2 - 3年在玻璃领域的生态系统和机械产品制造特别是支持显示装配,封底,等等,”Optiemus电子董事长Ashok古普塔在一份声明中说。
Optiemus曾与相对应的人,OnePlus、LG、宏达电、黑莓,使他们的信实Jio禅设备在诺伊达的设施。
“这制造业活动相关组件的手机不仅有助于创造就业和减少外汇(外汇)流出,但与此同时,这也将有助于减少印度对中国生产的依赖组件,”Gupta说。
他说,PLI批准授予赞成Optiemus电子一定会大有为本公司吸引大量制造业务,决心和渴望超越印度市场和服务全球市场需求。
灯具制造商提供了一个激励每分钱增量销售4 - 6(超过基准年)目标段以下的货物在印度生产合格的公司,随后一段五年的基准年(2019 - 20)。
政府已经宣布,它将创建五个国家冠军企业在手机制造领域,向他们提供所需支持。
“Optiemus已经从事这个行业积极与各利益相关者的讨论,有信心完成和交付客户的需求,”Gupta说。
他补充说,Optiemus计划在印度建立强大的设计能力和供应链伙伴关系在不久的将来,成为一个强大的印度冠军。
政府已经批准了16 23建议从国内和国际公司必然要投资11000卢比的PLI计划,制造手机价值十万的10.5卢比在接下来的五年。
的总生产价值十万的10.5卢比在未来五年,将贡献约60%的出口6.5十万的卢比。
这些公司包括iPhone的制造商苹果的合同制造商富士康鸿海,纬创资通和硕联合,除了三星和冉冉升起的明星。
除了Optiemus,国内公司的建议被批准包括熔岩,巴格瓦蒂(Micromax),Padget电子(Dixon技术)和你的Neolyncs。
行业组织印度手机和电子协会,其成员包括苹果、富士康,纬创资通,熔岩,Optiemus表示,批准印度公司是一个公平的处理,每个公司有一个批准。
ICEA Pankaj Mohindroo主席说,“现在,面临的挑战是:这些未来印度冠军可以构建核心设计和品牌功能和规模也成为全球竞争力或者其中的一些使用战术和淡出PLI激励。需要一个飞跃的心态,我相信,一旦被咬,两次害羞,他们学到了教训。”
MAIT Nitin Kunkolienker总统说,出口导向型经济增长的新战略将帮助创造制造业在印度,将有助于实现扩张规模。
“这也将有助于扩展组件的价值链。此外,这也将使印度制造商的成品和组件参与全球价值链,”Kunkolienker说。
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