Nothing to create CMF as its headquarters in India; To invest more than $ 100 million in JV

Something CERL PEI CEO has announced plans to establish CMF in India and establish a joint manufacturing project with the local technology manufacturer Optiemus on Thursday. PEI also met the Minister of Information Technology of the Union Ashwini Fishnaw to discuss the future of the global smartphone industry.

He said that nothing is planning to create CMF as a subsidiary in India, and its construction in the first global brand of consumer technology in the country. He said: “I was built from India, to the world. With our comprehensive capabilities, we are in a unique position to make this vision in life.”

“I am excited to announce our new joint project manufactured with Optiemus, one of the most prominent technology manufacturers in India – a major landmark in making this vision a reality. Through this JV, we plan to invest more than $ 100 million and create more than 1,800 jobs in India over the next three years,” said.

JV will be used to manufacture domestic Internet products, ear headphones and smart watches for CMF.

Optiemus Ashok Gupta said that the partnership without nothing will allow them to enhance “global -level manufacturing capabilities for today and tomorrow’s products.”

“The global brands that choose India for construction are a testimony of the strength of the Indian ecosystem, the vision of its manufacture in India and the Atmanirbhar Bharat. This partnership exceeds high-tech manufacturing-we are able to create ready-made products for export that will be designed in India, and shows innovation and talent for our individuals in the world in the coming years.”