CMF by Nothing Establishes India as Global Operations Hub with $100M Investment
CMF by Nothing is solidifying its position as an autonomous brand, with India serving as the core of its global operations, research & advancement, and manufacturing. This move underscores india’s growing capabilities in the consumer technology sector.
The evolution was further cemented today with the announcement of a strategic manufacturing joint venture between Nothing and optiemus Infracom Limited. This partnership aims to transform India into a global production and export hub for both Nothing and CMF products, directly supporting the Indian government’s “Make in India” initiative.
The joint venture will see an investment exceeding USD $100 million and the creation of over 1,800 jobs in India over the next three years. This builds upon Nothing’s existing investment of over USD $200 million already committed to the country.
“India will play a key role in shaping the future of the global smartphone industry,” stated Carl Pei, CEO of Nothing. “CMF has been well received by the market since we launched it two years ago. With our end-to-end capabilities, we are uniquely positioned to now build it into India’s first truly global smartphone brand. Our joint venture with Optiemus is a key milestone toward making that vision a reality.”
Optiemus Infracom brings established engineering and production expertise to the partnership, leveraging its track record in supporting global brands and developing robust manufacturing and export capabilities.
Ashok Gupta, Executive Chairman of Optiemus, commented, “We are extremely excited about this partnership with Nothing; it will allow us to further strengthen our world-class manufacturing capabilities for the products of today and tomorrow. Global brands choosing India to build is a testament to the strength of the Indian ecosystem and the vision of Make in India and Atmanirbhar Bharat. This partnership goes beyond high-tech manufacturing-it will empower us to create export-ready products that will be designed in India, showcasing the innovation and talent of our people to the world in the coming years.”
this announcement follows recent strategic decisions to centralize CMF’s global marketing operations in India and the appointment of himanshu Tandon as VP of CMF Business. Nothing recently secured USD $200M in Series C funding at a $1.3B valuation, with Nikhil Kamath among the new investors.
