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Optiemus Infracom setting up factory for mobile manufacturing in Noida

28 Dec 2020 Evaluate

Optiemus Infracom is setting up a new factory for mobile manufacturing in Noida, which is expected to be operational by early February. The company has plans to raise Rs 285 crore from sale of one of its buildings in Noida to Kailash Darshan Housing Development (Gujarat), which the company plans to utilize towards mobile manufacturing business, repay the existing loans and reduce interest burden and for general business purpose.

Optiemus Infracom is engaged in leasing, equity trading, equity research, and loan syndication services. The company is also in the business activities of Renting of Immovable Property, Telecommunications - Mobiles handset and Accessories.

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