In TrendsStock MarketNSE IPOIndia's EconomyRupee vs DollarDow JonesIndia needs its own global electronics brand, we are here to partner: Nothing founder Carl PeiNothing founder Carl Pei said India is already the world's second-largest smartphone market, but it still lacks a major global consumer electronics brand of its own.By CNBCTV18.com September 22, 2026, 11:42:22 AM IST (Published)India could soon produce its own global consumer electronics brands, Nothing founder Carl Pei has said. He argued that the country has the manufacturing base, talent and market needed to build companies that can compete around the world.Pei is a Swedish entrepreneur who spent eight years in China and now runs Nothing from London. He said India is already the world's second-largest smartphone manufacturing country and has one of the world's largest young populations. It also has a large pool of software talent.However, Pei said India is still missing a major global consumer electronics brand of its own.https://t.co/fgiloX1pCi— Carl Pei (@getpeid) September 21, 2026According to him, the next big step for India is research and development. He said Indian companies need to do more than manufacture phones. They need to design, build and improve products themselves.Pei said real R&D means having teams that work on…
Original source: https://www.cnbctv18.com/technology/
