Telecom technology provider Optiemus Infracom Ltd has entered into a joint venture (JV) agreement with Wistron Corporation, a Taiwan-based original design manufacturer (ODM), to set up manufacturing facilities for telecom products in India.
Both the companies will together invest about $200 million in the JV over the next five years in developing infrastructure, technologies and processes to cater to growing Indian and global demands of telecom products via smartphones, tablets and smart devices.