Optiemus Infracom Limited has informed the Exchange regarding a press release dated September 25, 2025, titled "CMF to become India's first global smartphone and smart hardware company, starting with a strategic joint venture with Optiemus".
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Optiemus Infracom has signed a binding term sheet with Nothing Electronics, the London-based parent of the CMF smartphone brand, to form a strategic joint venture for manufacturing Nothing and CMF products in India. The JV will involve an investment of over USD 100 million and is expected to create more than 1,800 jobs in India over the next three years. India will become the global headquarters for CMF, which is being spun out as an independent subsidiary of Nothing. The deal positions Optiemus as a key manufacturing partner for a global smartphone brand and aligns with the government's Make in India initiative, adding to Nothing's prior USD 200 million investment in the country.
This is a significant growth catalyst for Optiemus — a marquee global brand tie-up that boosts its manufacturing order book, brings large-scale investment and job creation, and strengthens its export profile. The stock is likely to react positively given the strategic scale of the partnership, though execution and final approvals remain key risks.