Optiemus Infracom Unveils ₹870 Cr Tempered Glass Factory in Noida

Union Electronics and IT Minister Ashwini Vaishnaw inaugurated Optiemus Infracom's ₹870 cr tempered glass factory in Noida. The factory has a capacity to produce 25 million units per annum and has created 600 direct jobs. Optiemus Chairman Ashok Kumar Gupta plans to increase capacity to 200 million units per annum with an additional investment of ₹800 cr, creating over 4,500 direct jobs.

Union Electronics and IT Minister Ashwini Vaishnaw recently inaugurated Optiemus Infracom's ₹870 crore tempered glass factory in Noida, Uttar Pradesh. The facility, which has an installed capacity of 25 million units per annum, is set to create 600 direct jobs [1][2][3].

Optiemus Infracom, in partnership with U.S.-based Corning, has invested ₹70 crore in the first phase of the factory. The company plans to scale up its capacity to 200 million units per annum in the second phase with an additional investment of ₹800 crore, creating over 4,500 direct job opportunities [1][2][3].

The factory, which uses Corning's engineered glass, is India's first manufacturing unit for tempered glass screen protectors. This development marks a significant step towards India's 'Make in India' initiative, aiming to reduce dependence on imports and increase domestic production [1][2][3].

Minister Vaishnaw expressed his satisfaction with the partnership between Optiemus and Corning and emphasized the need for increased research and development in India. He also highlighted the rapid growth of the electronics manufacturing ecosystem in the country [1][2][3].

Ashok Kumar Gupta, Chairman of Optiemus Infracom, underscored the potential of the Indian market for tempered glass, which is estimated to be worth over INR 20,000 crore and has a global market value of over USD 60 billion. He also noted that the factory's comprehensive manufacturing capabilities will enable it to produce high-quality tempered glass for both domestic and international markets [3].

The inauguration of Optiemus Infracom's tempered glass factory is a significant milestone for India's electronics manufacturing industry. It not only supports the 'Make in India' vision but also presents a substantial opportunity for job creation and export growth [1][2][3].

References:
[1] https://www.thehindu.com/news/national/ashwini-vaishnaw-inaugurates-optiemus-tempered-glass-factory-entailing-870-crore-investment/article69992420.ece
[2] https://www.business-standard.com/companies/news/vaishnaw-inaugurates-optiemus-870-cr-tempered-glass-factory-in-noida-125083000396_1.html
[3] https://technuter.com/channel-news/union-minister-ashwini-vaishnaw-inaugurates-indias-first-tempered-glass-manufacturing-facility.html