Subsidiary OEL to manufacture Quectel wireless modules in India
OPTIEMUS · price
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Optiemus Electronics Limited (OEL), a wholly-owned subsidiary of Optiemus Infracom, has started a manufacturing partnership with Quectel IoT Technologies, a global IoT and wireless tech provider. OEL will produce automotive, 5G, 4G, Cat-1 and other cellular modules at its Noida facility for applications across IoT, automotive, telecom, energy, smart mobility and industrial automation. The tie-up aligns with the Make in India and Atmanirbhar Bharat push. No financial terms or order values were disclosed.
Strengthens OEL's standing as an electronics manufacturing partner for global brands, but no financial details were shared so near-term earnings impact is unclear.