Custom Search
 


From left: HC Hong, President & CEO, Samsung India; Satish Mahana, Minister of Infrastructure and Industrial Development, Government of Uttar Pradesh; Ravi Shankar Prasad, Minister of IT and Law & Justice, Government of India; Suresh Rana, MLA, UP Government; Amitabh Kant, CEO, NITI Aayog; JK Shin, CEO, Samsung Electronics and Aruna Sundararajan, Secretary, Ministry of Electronics and IT at the ground breaking ceremony at Samsung's new site in Noida
 
 
Samsung doubles its manufacturing capacity in Noida

Noida(NCR) June 12 2017: The world's  -- and India's --  biggest smartphone seller, Korea-headquartered Samsung Electronics   has deepened its roots   in this country.   
One of the  first electronics manufacturing facilities set up in India in 1996, Samsung's Noida  plant in  the National Capital Region (NCR)   is to see significant expansion  with  a Rs 4915 crores investment in 35 acres of additional  land.   This will effectively double  the capacity  for the manufacture of mobile phones and refrigerators.    The plant also makes flat panel TVs.Samsung  operates another plant in Sriperumbudur, near Chennai in Tamil Nadu and  five R&D centres across the country.
The company's Make in India and Make for India initiatives  saw  top government representatives including  Union IT Minister Ravishaskar Prasad, NITI Aayog CEO Amitabh Kant and  IT secretary Aruna Sundararajan  join in a ground breaking ceremony for the new plant in Noida, last week. Samsung has been using its India plants to serve the domestic as well as regional markets.
Says HC Hong, President and CEO, Samsung Southwest Asia: “This new investment of is a testament to our continuing commitment to ‘Make in India’ and to Uttar Pradesh, which has been our partner right from the day Samsung’s journey in India began. Today, on the back of the Digital India movement led by millions of young Indians, we are witnessing a rise in adoption of electronic devices, smart appliances and mobile phones. A bigger manufacturing plant will help us cater to the growing demand for Samsung products across the country.”
Samsung employs 70,000 people in India and has a  network of  over 1.5 lakh retail outlets, country-wide.
Its most recent launches in India include the  Samsung Galaxy S8 handset  and the QLED range of television sets




    


Post Your Comments Now
       
  Name  
  Email  
  Comment