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Samsung Inaugurates Mobile Manufacturing Facility In Noida
2018-07-09 Announcements Electronic & Telecom Equipment Northern India
The Prime Minister, Shri Narendra Modi, and the President of the Republic of Korea, Mr Moon Jae-in, jointly inaugurated a large mobile manufacturing facility of Samsung India Electronics Private Limited, at Noida.
Speaking on the occasion, the Prime Minister described the occasion as a special one, in the journey to make India a global manufacturing hub. He said the investment of about Rs. 5000 crore, would not only strengthen Samsung’s business links with India, but is also significant in the context of the relationship between India and Korea.
The Prime Minister noted that India now ranks second, globally, in the manufacture of mobile phones, with the number of mobile phone manufacturing factories rising from just 2 to 120, in about four years’ time.