Optiemus Infracom Shares Surge 14% After BIS Mandate For Smartphone Screen Protectors
Shares of Optiemus Infracom gained 14% on Tuesday after the government brought smartphone screen protectors under compulsory BIS registration, a move expected to reshape India’s mobile accessories market. The Ministry of Electronics and Information Technology (MeitY) amended the Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021, adding smartphone…
Shares of Optiemus Infracom jumped 14% on Tuesday following the government's decision to make smartphone screen protectors mandatory to register with BIS, a regulation that analysts believe will revolutionize India's mobile accessories sector. The Ministry of Electronics and Information Technology (MeitY) revised the Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021, to include screen protectors in the list of items requiring BIS certification.
Compliance with these new standards is set to commence on April 1, 2027, after which any production, import, storage, or sale of such products in India will only be permissible from BIS-registered factories with the standard mark.
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