Ai+ Smartphone and Optiemus Electronics Limited (OEL) have signed a manufacturing agreement to make mobile phones, tablets, IoT devices, and advanced wearable products in India.
Together, they plan to invest ₹125 crore in India-based manufacturing for over 5 years with a claim of creating around 1,200 direct and indirect jobs across manufacturing, operations and supporting functions.
OEL will manufacture approximately 3 million Ai+ Smartphone mobile devices under this agreement. Production will take place at OEL’s facility in Noida, with ramp-up targeted from April 2026.
“In a market where most smart devices still come from Chinese and other global brands, there is clear headroom for an Indian brand that treats both quality and sovereignty as non-negotiable. This manufacturing agreement with OEL is a concrete step in that direction. OEL brings proven EMS capability in India. Ai+ Smartphone brings an India-authored software stack and a roadmap spanning phones, tablets, AIoT, and wearables. Together, we are committing capital, creating jobs, and building under the Government of India’s Make in India vision, so that more of the value in this industry is created here, not just assembled here,” said Madhav Sheth, CEO, Ai+ Smartphone and Founder, NxtQuantum Shift Technologies on the agreement.
Ashok Gupta, Director, Optiemus Electronics Limited, said, “We are very excited to work with Ai+ Smartphone, a dedicated Indian brand that is clear about scale, security, and long-term commitment to the market. With our facilities and experience in electronics manufacturing, we will support Ai+ Smartphone as it ramps production of smartphones and new device categories from India, strengthening domestic manufacturing and creating room for future export-led growth.”
Published - March 12, 2026 06:10 pm IST
