Optiemus Infracom, a renowned player in India's electronics and telecom industry, has joined forces with Corning Incorporated, the acclaimed leader in worldwide glass production. The primary aim of their joint venture is to establish the first-ever production line for superior-quality finished smartphone cover glass in India. Various media outlets suggest that the proposed business operations are all set to commence by 2024 in a newly established manufacturing facility, which will potentially be located in either Telangana or Tamil Nadu.

This novel facility is to be created through a Joint Venture agreement with a distribution of shares split as between Optiemus Infracom and Corning Incorporated respectively. Initially, the venture's focus will be majorly on the production of top-notch cover glasses, particularly for high-end smartphones.

According to recent media revelations, the joint venture will likely be introduced as Bharat Innovation Glass. Its business operations are scheduled to begin by 2024 with an impressive production capacity estimated to be around 30 million units. The anticipated collaboration is expected to bolster the employment market by generating between 500 and 700 new employment opportunities.

The primary role of BIG's Indian facility will be to process cover glasses that will be used on the front and back panels of smartphones. Currently, the JV partners are seeking support from the central government to streamline their operations and to ensure a seamless implementation of their objective.

The has proactively filed an application to receive incentives under the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors. The information was confirmed by John Bayne, Senior Vice President and General Manager of Mobile Consumer Electronics at Corning Incorporated.

For the uninitiated, the policy is a government initiative designed to boost electronic manufacturing in the country. The scheme provides a financial incentive of 25% on capital expenditures for the production of specific electronic goods, which are identified as being crucial in underpinning the value chain of their respective electronic products.