Nothing plans to spin off CMF as majority Indian-owned, India-headquartered company

Nothing says CMF will become a majority Indian-owned, India-headquartered business with local R&D, signalling a deeper India localisation push. The move comes alongside new wireless power-bank launches from Stuffcool and Ultraprolink.

— Source publishedWed, 23 Sept, 2026, 08:00 IST·First seen Wed, 23 Sept, 2026, 08:17 IST·Source Hindustan Times · Business

What happened

Nothing says OnePlus is spinning off CMF into a majority Indian-owned, India-headquartered company with local R&D. Indian accessory brands Stuffcool and

Key facts

  • Stuffcool Omni Pro: 1000mAh
  • Stuffcool Omni Pro price: ₹4,999
  • Stuffcool Omni Pro wireless charging: up to 25W
  • Stuffcool Omni Pro wired charging: up to 35W
  • Ultraprolink Juice-Up Mag 9: 5000mAh

What changed

Nothing says OnePlus is spinning off CMF into a majority Indian-owned, India-headquartered company with local R&D. Indian accessory brands Stuffcool and Ultraprolink launched new wireless power banks priced at ₹4,999 and ₹1,999, respectively.

Why this matters

Nothing’s planned CMF spin-off signals a deeper India localisation strategy, with local ownership, headquarters and R&D potentially improving market fit, regulatory alignment and supply-chain responsiveness.

What to watch

  • Formal incorporation details, ownership percentage, board composition and headquarters location for CMF India.
  • Whether CMF products receive separate India-specific R&D, software roadmaps, after-sales policies or product identifiers.
  • New domestic manufacturing, assembly or supplier agreements and any use of production-linked incentive programs.
  • India-only launches, differentiated pricing or faster launch timing versus global CMF markets.
  • Expansion in offline doors, service locations and regional-language marketing.