London-based technology company Nothing has announced that its sub-brand CMF will now operate as an independent subsidiary, with India as its global headquarters. India-based Optiemus Infracom has signed and entered into a Binding Term Sheet with Nothing Electronics, an affiliate of the London-based technology company in a strategic joint venture for carrying out the business of manufacturing of electronic products of Nothing and CMF.

The joint venture marks a significant investment by Nohing in India and with this move, CMF aims to become India’s first global smartphone and smart hardware brand, built in India for the world.

CMF eyes global expansion with India-built smartphones

Optiemus Infracom, in a regulatory filing, stated said CMF will manage end-to-end smartphone operations,

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