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Optiemus and TP Link Team Up for Made In India IoT Devices

Written by: Team Angel OneUpdated on: Jan 28, 2025, 2:47 PM IST
Optiemus Electronics partners with TP-Link to manufacture IoT and networking devices in India, enhancing local production and exports.
Optiemus and TP Link Team Up for Made In India IoT Devices
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Optiemus Electronics Ltd has partnered with TP-Link to manufacture a wide range of telecom and IoT devices in India. This strategic move supports the ‘Make in India’ initiative and strengthens Optiemus’s role in advancing the country’s electronics manufacturing industry.

Optiemus Electronics Limited (OEL) has partnered with TP-Link, a global leader in networking devices, to manufacture a range of products in India. This collaboration supports the Indian government’s ‘Make in India’ initiative and aims to strengthen India’s position as a hub for telecom and electronics manufacturing. The partnership will focus on producing key telecom and IoT devices such as Wi-Fi routers, enterprise routers, modems, security cameras and network expansion devices.

Boosting Local Manufacturing and Exports

Under this agreement, TP-Link products will be manufactured in OEL’s advanced facility which has the capacity to produce up to 6 million devices annually. OEL is also working to establish a strong local supply chain by domestically sourcing components like power adapters and mechanical parts. This will reduce import dependence and ensure better control over the supply chain. Additionally, this collaboration will contribute to producing export-quality electronic products, enhancing India’s global presence in the industry.

Supporting Employment and Development

The partnership is expected to create significant job opportunities and promote skill development in India. By leveraging TP-Link’s technological expertise and OEL’s manufacturing capabilities, the collaboration aims to deliver world-class products while contributing to the broader goal of Atmanirbhar Bharat. The production of these Made-in-India devices will begin in February 2025, with products available in the domestic market by March 2025.

About the Companies

OEL specialises in electronics manufacturing and offers end-to-end solutions, including production, supply chain management and refurbishment. With two advanced facilities in Noida, OEL is trusted by both local and global brands. 

TP-Link, a global leader in networking and smart home devices, serves customers in over 170 countries. Known for innovative and reliable products, TP-Link continues to expand its footprint while enhancing connectivity solutions worldwide.

OEL Share Performance 

As of January 28, 2025, 11:15 AM, the shares of OEL are trading at ₹588.20 per share with a decline of 5.00% from its previous day’s closing price. Over the last month, the stock has declined by 15.63%. The stock has a 52-week high and 52-week low of ₹873.80 per share and ₹215.80 per share respectively

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 28, 2025, 2:47 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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