Optiemus Infracom Limited has informed the Exchange regarding a press release dated August 30, 2025, titled "Union Minister Ashwini Vaishnaw inaugurates India s First Tempered Glass Manufacturing Facility by Optiemus".
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Optiemus Infracom inaugurated India's first tempered glass manufacturing plant in Noida, Uttar Pradesh, using Engineered by Corning™ technology. The facility was launched by Union Minister Ashwini Vaishnaw, marking a milestone under the Make in India initiative. Phase 1 involves an initial investment of ₹70 crore with a capacity of 25 million units per annum and over 600 direct jobs. In Phase 2, the company plans to invest an additional ₹800 crore, scaling capacity to 200 million units per annum and creating over 4,500 direct jobs. The company is targeting a domestic market of around 500 million pieces valued at roughly ₹20,000 crore, with the global tempered glass market estimated at over USD 60 billion.
Positive for shareholders — this represents a major diversification into high-growth, import-substituting electronics manufacturing with a large addressable market and potential export revenue. The phased ₹870 crore investment signals strong long-term growth ambitions, though execution risks in scaling capacity remain.