Shares of Optiemus Infracom surged dramatically by reaching their 10% upper circuit limit during trading on April 16, hitting a noteworthy seven-week peak of ₹492.15. This impressive leap is attributed to the recent partnership with Realme, one of the most recognized smartphone brands in the market. The collaboration marks a pivotal moment in supporting India’s manufacturing landscape, aligning perfectly with the government’s ‘Make in India’ initiative.

Realme and Optiemus: A Game-Changing Collaboration

In a significant exchange update, Optiemus Electronics announced that it will work alongside Realme to produce the next generation of AIoT (Artificial Intelligence of Things) products domestically. This partnership is not just about production; it’s a strategic move aimed at bolstering local manufacturing capabilities and fostering economic growth within India.

• Realme’s Vision: The brand intends to shift the entirety of its AIoT product lineup—including smartwatches, earphones, and tablets—to local production.
• Launch Timeline: Starting this year, several key products like the Realme Buds T200 series and Realme Buds Air series will be made in India.

Strengthening Supply Chains and Employment

Realme is also taking proactive steps to source essential components, such as batteries, PCBAs, and chargers, from Indian manufacturers. This initiative addresses not only the rising demands of Indian consumers but also paves the way for exporting Made-in-India products to international markets, positioning India as a vital hub for innovation and production.

• Production Targets: Together, Optiemus and Realme aim to manufacture 5 million AIoT devices annually.
• Job Creation: This partnership is expected to generate over 2,000 new jobs in India, contributing significantly to the economy.

The Evolution of AIoT Products

The production of the Realme Buds T200 Lite has already commenced, featuring state-of-the-art technology designed to enhance user experience with Dual Mic AI Deep Call Noise Cancellation. This advancement reflects the company’s commitment to integrating AI functionalities into everyday devices.

Ashok Gupta, Chairman of the Optiemus Group, expressed his enthusiasm regarding the partnership, stating, “We are excited to collaborate with Realme, embracing their philosophy of ‘Make it real.’ The intersection of AI and IoT is revolutionizing hearable and wearable technology, providing immense value. Optiemus Electronics is dedicated to promoting electronics manufacturing in India, creating job opportunities, and supporting the Atmanirbhar Bharat initiative.”

Remarkable Stock Performance

Optiemus Infracom’s shares have shown a staggering growth of 2769% over the past five years, skyrocketing from ₹17.15 to its current price of ₹492.15. Although the stock peaked at an all-time high of ₹873.80 in September, it experienced a correction, resulting in a 44% drop due to profit-taking.

Conclusion

Optiemus Infracom and Realme’s collaboration signifies a monumental shift towards local production of AIoT products, strengthening India’s manufacturing sector and creating new job opportunities. This partnership not only emphasizes the importance of domestic capabilities but also positions India as a formidable player in the global technology landscape.

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