Carl Pei explains why he is ‘bullish’ on India amid China slowdown: ‘Biggest smartphone market for…’

Nothing CEO Carl Pei has once again expressed his appreciation for India, stating that he is highly optimistic about the country’s potential as growth in China slows down. Pei also highlighted Nothing’s rapid expansion in the Indian market and discussed the challenges of establishing local manufacturing in the country.

In an interview with TechCrunch, Pei said, “Now that the China story is slowing down a lot, I am very bullish on India”. Notably, Pei had lived in China during 2011-21 where he co-founded OnePlus and was a key member of the company’s leadership team.