Latest news with #ProjectStarlight
Entrepreneur
3 hours ago
- Business
- Entrepreneur
OnePlus Ramps Up Make In India Commitment
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. OnePlus, the global technology brand, has partnered with Optiemus Electronics to locally manufacture and deliver premium Internet of Things (IoT) devices in India. The collaboration will be locally producing the OnePlus Bullets Wireless Z3, a popular neckband IoT device known for its ultra-low latency, immersive bass, and crisp audio clarity. The strategic partnership aligns with OnePlus long-term vision for India and the recent project Starlight commitment to strengthen localisation efforts in the region. Robin Liu, CEO, OnePlus India, said,"At OnePlus, India has always been at the heart of our journey. Our partnership with OEL to manufacture IoT products locally reflects our strong commitment to Project Starlight. This collaboration is not just about technology—it's about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our India community." In December, OnePlus announced plans to invest up to INR 6,000 crore in its India business over the next three years. Under Project Starlight, the company will invest INR 2,000 crore annually to drive product innovation and enhance customer services. OnePlus is extending efforts towards expanding its local manufacturing capabilities and has now begun manufacturing its IoT portfolio of products in the Noida based facility, in addition to its existing smartphones range being made in India. This is not a standalone initiative for Optiemus Electronics. Earlier, Realme, too, had partnered with the company to manufacture its next -generation AIoT products in India, in a significant step towards supporting the government's 'Make in India' initiative. India is a dynamic and fast-growing market for next-generation AI-enabled hearables, wearables, and power management devices. The partnership was aimed at expanding the manufacturing base to cater to domestic demand, while also opening up new opportunities to expand globally. As part of its long-term vision to strengthen domestic manufacturing, Realme planned to produce all of its AIoT product portfolio in India, including earphones, smartwatches, and tablets. Beginning this year, key products such as the realme Buds T200 series, realme Buds Wireless series, and realme Buds Air series will start rolling off local production lines. Ashok Gupta, executive chairman, Optiemus Group said, "We are driven by a vision to become the most trusted and valued electronics manufacturer. Our collaboration with OnePlus marks a significant step in this journey, as we come together to co-create a future shaped by innovation and excellence. We specialize in transforming ideas into reality, and this partnership empowers us to manufacture high-quality IoT products. Together, we will continue to explore new frontiers and remain committed to playing a pivotal role in shaping the future of electronics manufacturing in India." As a key manufacturing partner to OnePlus, OEL will provide the dedicated support required to increase level localisation, reduce costs, and improve supply chain resilience for the brand.
Time of India
4 hours ago
- Business
- Time of India
OnePlus partners Optiemus Electronics to manufacture IoT devices in India
NEW DELHI: Chinese smartphone maker OnePlus has partnered with Optiemus Electronics (OEL) to manufacture premium Internet of Things (IoT) devices, including true-wireless stereo (TWS) earbuds and neckbands, in Noida at the homegrown contract manufacturer's facility. 'This significant milestone underscores the joint commitment to enhance domestic production capabilities in India under the brand's strong commitment to the market,' the companies said in a joint statement Wednesday. The collaboration has begun with the commencement of local production for the OnePlus Bullets Wireless Z3, which is a neckband device. OnePlus said in the statement that the strategic partnership aligns with its long-term vision for India, and the recent 'Starlight' project to strengthen localisation efforts in the region. Under the flagship initiative, the brand has planned to invest cumulatively ₹6,000 crore over the next three years. Notably, OnePlus' smartphones are presently being manufactured by Oppo in India. Optiemus Electronics, in turn, said it will provide the dedicated support required to increase bill-of-materials (BOM) level localisation, reduce costs, and improve supply chain resilience for the brand. 'At OnePlus, India has always been at the heart of our journey. Our partnership with OEL to manufacture IoT products locally reflects our strong commitment to Project Starlight,' said Robin Liu, CEO, OnePlus India. 'We are driven by a vision to become the most trusted and valued electronics manufacturer. Our collaboration with OnePlus marks a significant step in this journey, as we come together to co-create a future shaped by innovation and excellence. We specialize in transforming ideas into reality, and this partnership empowers us to manufacture high-quality IoT products,' said Ashok Gupta, executive chairman, Optiemus Group. In April, Realme also partnered with to manufacture Realme-branded artificial IoT (AIoT) products in India, including earphones, smartwatches, and tablets, with the initial production target of 5 million units. Xiaomi India also signed up OEL in 2023 to manufacture Bluetooth audio products amidst a concerted effort to broaden its manufacturing footprint in India to include products beyond smartphones and smart TVs.
Business Standard
5 hours ago
- Business
- Business Standard
Optiemus Infracom jumps after arm partners with OnePlus to manufacture IoT devices in India
Optiemus Infracom surged 8.88% to Rs 668.50 after the company announced that its wholly owned subsidiary, Optiemus Electronics (OEL), has collaborated with OnePlus to locally manufacture and deliver premium Internet of Things (IoT) devices in India. According to an exchange filing, the partnership supports OnePlus long-term vision for India and aligns with its recent Project Starlight initiative aimed at enhancing localisation efforts. OnePlus has expanded its local manufacturing capabilities beyond smartphones, with its IoT product portfolio now being produced at OELs Noida facility. OnePlus key IoT offerings include True Wireless Stereo (TWS) devices and wireless neckbands, designed to deliver the brands signature high performance across various price segments, catering to the diverse needs of Indian consumers. As a principal manufacturing partner, OEL will provide the necessary support to increase bill of materials (BOM) localisation, reduce costs, and enhance supply chain resilience for OnePlus. The collaboration has already commenced with the local production of the OnePlus Bullets Wireless Z3a popular neckband device known for ultra-low latency, deep bass, clear audio quality, and a blend of style and comfort. Robin Liu, CEO, OnePlus India, shared, "At OnePlus, India has always been at the heart of our journey. Our partnership with OEL to manufacture IoT products locally reflects our strong commitment to Project Starlight. This collaboration is not just about technologyits about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our India community." Ashok Gupta, Executive Chairman, Optiemus Group said, We are driven by a vision to become the most trusted and valued electronics manufacturer. Our collaboration with OnePlus marks a significant step in this journey, as we come together to co-create a future shaped by innovation and excellence. We specialize in transforming ideas into reality, and this partnership empowers us to manufacture high-quality IoT products. Together, we will continue to explore new frontiers and remain committed to playing a pivotal role in shaping the future of electronics manufacturing in India. Optiemus Electronics, engaged in the business of electronics manufacturing in India, provides end-to-end solutions to global and Indian brands encompassing world class manufacturing, supply chain management and repair/refurbishment. OEL has two state-of-the-art manufacturing units in Noida, Uttar Pradesh. The company's consolidated net profit declined 6.6% to Rs 22.46 crore while net sales fell 8.3% to Rs 449.26 crore in Q4 March 2025 over Q4 March 2024.
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Business Standard
5 hours ago
- Business
- Business Standard
Partnership with OnePlus lifts Optiemus Infracom shares 15%; details
Optiemus Infracom share price: Optiemus Infracom share price zoomed up to 15.06 per cent to hit an intraday high of ₹706.20 per share on Wednesday, June 18, 2025. At 12:30 PM, Optiemus Infracom shares were trading near day's high, up 14.27 per cent at ₹701.60 per share. In comparison, BSE Sensex was trading 0.30 per cent lower at 81,336.82 levels. What sparked the rally in Optiemus Infracom share price today? Optiemus Infracom shares surged today after the company said its wholly-owned subsidiary Optiemus Electronics has inked a strategic partnership with Chinese consumer electronics giant OnePlus to locally manufacture premium Internet of Things (IoT) devices in India. In a statement, Optiemus Infracom said the collaboration marks a major milestone in boosting domestic manufacturing under OnePlus' long-term vision for the Indian market. The partnership also supports the company's ongoing 'Project Starlight,' which focuses on strengthening localisation efforts in the region. Ashok Gupta, executive chairman, Optiemus Group said, 'Our collaboration with OnePlus marks a significant step in this journey, as we come together to co-create a future shaped by innovation and excellence. We specialise in transforming ideas into reality, and this partnership empowers us to manufacture high-quality IoT products. Together, we will continue to explore new frontiers and remain committed to playing a pivotal role in shaping the future of electronics manufacturing in India.' As part of this tie-up, OnePlus has begun producing its IoT product line — including key offerings like true wireless stereo (TWS) earbuds and wireless neckbands — at Optiemus' Noida-based facility. This adds to its existing India-based smartphone manufacturing. The partnership kicks off with the local production of the OnePlus Bullets Wireless Z3, a popular neckband device known for low latency, immersive bass, and clear audio quality. As OnePlus' key manufacturing partner, Optiemus will help drive greater localisation of the bill of materials (BOM), improve cost efficiency, and strengthen supply chain resilience. "Our partnership with OEL to manufacture IoT products locally reflects our strong commitment to Project Starlight. This collaboration is not just about technology—it's about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our India community," said Robin Liu, CEO, OnePlus India. About Optiemus Electronics Optiemus Electronics, among the leading players in India's electronics manufacturing sector, offers comprehensive end-to-end solutions to both domestic and global brands. Its services span world-class manufacturing, supply chain management, and repair/refurbishment support. The company operates two advanced manufacturing facilities in Noida, Uttar Pradesh. The market capitalisation of Optiemus Infracom is ₹5,958.94 crore. The company falls under the BSE SmallCap index.
The Hindu
8 hours ago
- Business
- The Hindu
OnePlus partners with Optiemus to make wireless earbuds and neckbands in India
OnePlus on Wednesday (June 18, 2025) announced its partnership with Optiemus Electronics Limited (OEL) to locally manufacture premium Internet of Things (IoT) devices at latter's facility in India. This is line with OnePlus's project Starlight to increase localisation efforts in the region. OnePlus's IoT products include TWS products and wireless neckbands. It has begun manufacturing its IoT portfolio of products at Optiemus's facility in Noida, UP, with the local production for the OnePlus Bullets Wireless Z3. OEL will provide the dedicated support required to increase BOM level localisation, reduce costs, and improve supply chain resilience for OnePlus, the companies said. 'At OnePlus, India has always been at the heart of our journey. Our partnership with OEL to manufacture IoT products locally reflects our strong commitment to Project Starlight. This collaboration is not just about technology—it's about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our India community,' said Robin Liu, CEO, OnePlus India. Ashok Gupta, Executive Chairman, Optiemus Group said, 'We are driven by a vision to become the most trusted and valued electronics manufacturer. Our collaboration with OnePlus marks a significant step in this journey, as we come together to co-create a future shaped by innovation and excellence. We specialize in transforming ideas into reality, and this partnership empowers us to manufacture high-quality IoT products. Together, we will continue to explore new frontiers and remain committed to playing a pivotal role in shaping the future of electronics manufacturing in India.'
