Nothing-Optiemus JV commits to invest $100 mn, create over 1,800 jobs in India
NEW DELHI: London-based consumer technology brand Nothing on Thursday said it is spinning off its sub-brand – CMF – as an independent brand, with India as its base for operations, research and development, and manufacturing.
Nothing has separately formed a joint venture (JV) with Indian contract electronics manufacturer, Optiemus, with both companies committing to investing $100 million (~₹886.8 crore) and aiming to create more than 1,800 jobs in India over the next three years.
