Multibagger Telecom Equipment Company and Ordinary Theory Form Joint Venture for Smart Hardware

Optiemus Infracom Limited has entered into a joint venture with US-based Ordinary Theory LLC to manufacture and market smart enterprise hardware and industrial solutions in India. Optiemus will hold a majority stake in the partnership.

The collaboration is aimed at supporting the government’s “Make in India” initiative while strengthening the domestic electronics manufacturing ecosystem. The focus will be on producing hardware for fintech, logistics, retail, and AI sectors. Optiemus will utilise its manufacturing facilities in India, while Ordinary Theory will provide design and technology expertise from its brands Kozen, Nebullar, and Movfast.

According to the companies, the venture will contribute to job creation, skill development, and provide Indian alternatives to international hardware products.

About Optiemus Infracom Ltd

Optiemus Infracom Ltd has been a key player in the Indian mobile handset distribution business for over 25 years, primarily distributing for major brands like Nokia and Samsung. Beginning with Nokia handset distribution in Delhi in 1995, the company's core business remains trading and distribution, currently handling devices from Nokia, Samsung, and HTC. Optiemus Infracom operates through a wide network encompassing 27 regional branches, around 650 distributors, over 10,000 retail partners in the general trade, and more than 700 service centres across India.

The company has a market cap of over ₹5,400 crore. The stock gave returns of 64.13 per cent from its 52-week low and multibagger returns of over 1,111 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.