Optiemus Infracom Plans To Set Up Mobile Manufacturing Unit In Noida

The company has plans to raise Rs 285 crore from sale of one of its buildings in Noida to Kailash Darshan Housing Development

Topics

Optiemus Infracom | Mobile manufacturing industry in India | mobile manufacturing

smartphone

Electronics contract manufacturer

is setting up a new factory for

in Noida, which is expected to be operational by early February, a top executive of the company said on Friday.

.

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 utilise towards

business, repay the existing loans and reduce interest burden and for general business purpose.

.

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First Published: Fri, December 25 2020. 22:37 IST

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