‘CMF becomes Indian’: Carl Pei announces Nothing’s India spin-off with local R&D and global ambitions

Mint - Sep 21, 2026

Nothing CEO Carl Pei has announced that CMF will spin out into a standalone, majority Indian-owned company with its headquarters and R&D operations in India. Nothing will retain a stake and provide engineering, software, supplier and global brand support as CMF expands its device portfolio.

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