Nothing Eyes Rs 1,000-Crore JV, Plans India as World Export Hub

April 8, 2025April 8, 2025

Sources stated Nothing plans a Rs 1,000-crore three way partnership with main electronics producers to ascertain India as a key international manufacturing hub. 

Talks with potential companions are in superior levels, and as soon as finalised, the corporate plans to take a position over Rs 1,000 crore in a brand new facility for smartphones and audio merchandise.

At present, Nothing manufactures its smartphones by Noida-based Dixon and BYD India. CEO Carl Pei not too long ago met key companions in India, highlighting the nation’s rising position in international smartphone manufacturing. The corporate has additionally appointed co-founder Akis Evangelidis as president of India to drive enlargement.

A number of Chinese language smartphone manufacturers, together with Vivo and Oppo, are exploring related joint ventures, aligning with the Indian authorities’s “Make in India” push. Dixon has already partnered with China’s Transsion Holdings.

Nothing was the fastest-growing smartphone model in 2024, with 577% YoY progress pushed by its Cellphone (2a) and CMF sub-brand. The corporate plans to broaden its offline retail community to 12,000 shops in 2025 and is manufacturing its upcoming Cellphone (3a) collection at BYD India’s Chennai facility.

With a powerful presence in India and Europe, Nothing has offered over 7 million gadgets globally. Analysts say its progress technique, pricing, and branding have helped it acquire momentum as a rising challenger model.

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