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Nothing Co-Founder Hails India as Global Tech Hub as CMF Incorporates

Nothing co-founder Akis Evangelidis announced that CMF has been incorporated as a separate legal entity in India, marking a significant commitment to the country. He positioned this move as a major step in building a global consumer tech brand from India for the world. India will serve as CMF's global headquarters, anchoring leadership, R&D, and operations, not just manufacturing. This follows a $100M manufacturing joint venture and signals strong confidence in India's growing tech ecosystem.

Key Points: CMF Incorporates in India, Aiming to Build Global Tech Brand

  • CMF becomes separate legal entity in India
  • India to serve as CMF's global HQ
  • Shift from intent to permanent presence
  • Part of long-term vision beyond manufacturing
  • Follows $100M manufacturing joint venture
2 min read

India emerging as global consumer tech hub: Nothing co-founder as CMF incorporates in country

Nothing co-founder Akis Evangelidis announces CMF's legal incorporation in India, marking a major shift to establish a global consumer tech brand from India.

"India is increasingly positioning itself at the forefront of the global consumer tech ecosystem - Akis Evangelidis"

New Delhi, Jan 7

India is steadily moving towards the forefront of the global consumer technology ecosystem, driven by years of consistent progress, ambition, and policy support, according to Akis Evangelidis, Co-Founder and President at Nothing on Wednesday.

Highlighting India's growing influence in global tech manufacturing and innovation, Evangelidis said the work done so far has been remarkable and is setting the stage for India-built brands to compete worldwide.

"India is increasingly positioning itself at the forefront of the global consumer tech ecosystem, driven by years of sustained progress and ambition," Nothing co-founder said.

Evangelidis made the remarks while announcing that CMF has now become a separate, legally incorporated entity in India.

He described the move as a major milestone in CMF's journey to become a truly global consumer tech brand built from India for the world.

"The work done has been remarkable. CMF has an important role to play in that journey and we're happy to share that it is now a separate, legally incorporated entity in India," he noted.

According to him, India will play a central role in CMF's long-term vision, not just as a manufacturing base but as its global headquarters.

With the incorporation, India will now serve as CMF's legal and governance home. The company plans to anchor leadership, operations, research and development, and manufacturing in the country.

Evangelidis said the step marks a clear shift from intent to permanent presence, signalling strong confidence in India's growing consumer tech ecosystem.

"Following our $100M manufacturing joint venture with Optiemus, this marks another major milestone in establishing CMF as a subsidiary headquartered in India - on a path to building the country's first truly global consumer tech brand," he stated.

"Built from India, to the world. Excited about what comes next for CMF - let's go!" Evangelidis explained in his post.

- IANS

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Reader Comments

P
Priya S
As someone working in tech, this is very encouraging. The shift from "Make in India" to "Create in India" and "Lead from India" is finally happening. Hope this inspires more startups to think global from day one.
R
Rohit P
Great step, but the real test will be the products. Will they be designed with Indian consumer needs in mind, or just generic global products made here? Hope they don't just use India for cost benefits but truly integrate local insights.
S
Sarah B
Investing $100M and making India the HQ is a huge vote of confidence. The PLI schemes and policy stability seem to be paying off. Excited to see what innovation comes out of this partnership.
K
Karthik V
Bahut badhiya! This is the kind of news we need. Not just assembly, but full ownership, R&D, and leadership from India. Hope the jobs created are high-quality and the IP stays in the country. Jai Hind!
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Michael C
A respectful criticism: While this is positive, let's ensure this growth is inclusive. The benefits should reach beyond metro cities to tier-2 and tier-3 towns, fostering a nationwide tech revolution, not just in Bengaluru or Hyderabad.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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