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Monday
July 2018
4:13 AM IST
News Headlines
Rajinikanth Supports 'One India, One Election' Proposal        Trump asked me to sue EU over Brexit, says Theresa May        Haiti prime minister resigns after deadly unrest        Mukesh Ambani beats Alibaba's Jack Ma to become richest man in Asia        Djokovic beats Anderson, wins 4th Wimbledon title        Thailand Open Super 500: PV Sindhu loses to Nozomi Okuhara in final        France clinches World Cup with win over Croatia        H-1B visa alert: Donald Trump makes things worse for Indian techies        World Cup: Belgium beat England 2-0 to finish 3rd        PV Sindhu makes final of Thailand Open, Okuhara awaits        Angelique Kerber defeats Serena Williams to win Wimbledon 2018        Former A.P. Chief Minister Kiran Kumar Reddy returns to Congress        If Delhi tries to break PDP, outcome will be dangerous: Mehbooba Mufti        Former PM Nawaz Sharif, daughter Maryam arrested for corruption in Lahore        Social media hub like creating surveillance state: SC        World Cup: Deflated England, Belgium get ready for third place clash        First time in winter: FIFA confirms 2022 World Cup to be held between November and December in Qatar        Mental strength carried Croatia to World Cup final, says Lovren        Kohli currently best batsman because Smith not there: Ponting        Rupee up 19 paise against dollar ahead of key macro data release        
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Main News
Samsung opens world's largest mobile phone factory in Noida
 
Noida, July 9 (PTI) South Korean consumer electronics major Samsung on Monday inaugurated the world's largest mobile phone factory here which will double its annual handset production capacity to 120 million units by 2020.

The facility was inaugurated jointly by Prime Minister Narendra Modi and South Korean President Moon Jae-in The new plant will help the company raise its capacity in a phased manner, from 68 million units at present, to 120 million

The company also launched ?Make for the World' initiative, whereby it aims to export mobile handsets produced in India, to overseas markets

Samsung India CEO HC Hong said: "Our Noida factory, the world's largest mobile factory, is a symbol of Samsung's strong commitment to India, and a shining example of the success of the Government's ?Make in India' programme. Samsung is a long-term partner of India.?

The company is aligned with government policies and will continue to seek their support to achieve ?dream of making India a global export hub for mobile phones?, he said

Chief Minister of Uttar Pradesh Yogi Adityanath and Union Culture Minister Mahesh Sharma were present at the event

In June last year Samsung had announced investment of Rs 4,915 crore to add new capacity at the Noida plant in Uttar Pradesh

Set up in 1996, Samsung's Noida factory, is one of the first global electronics manufacturing facilities set up in India

?A bigger manufacturing plant, spread over 129,000 sq metres, will help Samsung meet the growing demand for its innovative products and services across the country and also fulfil the company's goal of making India an export hub for the world,? Samsung said in a statement

Presently all Samsung mobile phones, including its flagship Galaxy S9, S9+ and Galaxy Note8, are manufactured at its Noida plant

Samsung has another manufacturing unit at Sriperumbudur, near Chennai, five R&D centres and one design centre in India.


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