Nothing But Growth: Optiemus Ties Up with Nothing Electronics for Mega Smartphone Manufacturing Push

Optiemus Infracom Ltd has signed a binding term sheet with global consumer tech brand Nothing Electronics to establish a strategic joint venture for manufacturing smartphones and CMF (Colors, Materials, Finish) products in India. This collaboration marks a bold step towards strengthening India’s electronics manufacturing ecosystem with a combined investment commitment of over $100 million over the next three years.

 

Key Highlights of the Joint Venture:

 

The venture will focus on local manufacturing of Nothing-branded smartphones and advanced CMF products engineered for premium consumer appeal.

 

Total investments exceed $100 million (approximately ₹840 crore), reflecting strong confidence in the Indian manufacturing potential and market growth.

 

The project is expected to create more than 1,800 direct jobs across India in the next three years, supporting the government’s Make in India and employment generation initiatives.

 

This JV builds on Optiemus’s established manufacturing capabilities and Nothing’s design-led technology innovation, aiming to capture rising demand in the competitive smartphone sector.

 

Strategic and Economic Impact:

The venture integrates advanced product design and manufacturing excellence, catering to both domestic consumers and export markets.

 

Outlook:

With this strategic alliance, Optiemus and Nothing are set to reshape India’s smartphone production landscape, fueling innovation, enhancing product quality, and contributing significantly to the country’s industrial and employment growth trajectory.

 

Sources: Business Upturn, NSE India, Economic Times India News