India is making significant strides in the global consumer technology landscape, driven by consistent progress and policy backing, as per Akis Evangelidis, Co-Founder and President (India) at Nothing. Evangelidis emphasized India’s rising impact in global tech manufacturing and innovation, noting the remarkable work done so far that positions India-built brands for global competition.
Highlighting the milestone achievement, Evangelidis announced the formal establishment of CMF as a separate legal entity in India. This move signifies a crucial step in CMF’s journey to emerge as a leading global consumer tech brand originating from India for a worldwide audience.
Evangelidis underlined India’s pivotal role in CMF’s future vision, not just as a manufacturing hub but as its global headquarters. With this incorporation, India becomes the legal and governance base for CMF, housing leadership, operations, research and development, and manufacturing activities within the country.
The establishment of CMF as a subsidiary headquartered in India reflects a transition from mere intention to a permanent presence, showcasing strong confidence in India’s expanding consumer tech sector. Evangelidis expressed enthusiasm for the future of CMF, emphasizing the company’s commitment to building India’s first truly global consumer tech brand.
