Noida: in front are open field with grazing cattle, to the left are under construction residential societies and the right is its existing facility this were Samsung has set up is worls’s largest mobile factory in Noida. The factory plot which is of 35 acre , situated at sector 81 in Noida, Uttar Pradesh. Indian PM Narendra Modi and South Korean president Moon Jae will be officially inaugurating the Samsung India aims to increase on Monday. The Main aims to increase its overall production to 50 % in the next three years.
Chief Lee Jae Yong set off from Gimpo Airport on chartered plance on Sunday to attend the ribbon-cutting of Samsung smartphone plant in India the following day. Moon Jae-in , who is in India for state visit, will also attend the event “Lee meet President Moon and Senior Indian Government officials and than them in a speech at the ceremony”.
The New plant in Noida near New Delhi in the northern province of UP is an expansion of an existing plant built in 1997. Samsung poured W800 billion into the expansion over the past two year.
The current mobile phone manufacturing unit was added in 2015. In the last year June Giant announced Rs 4,915 crore investment to expand the Noida plant, and now new facility is ready to double production. Company is currently making 67 million smartphones in India with the help new plant functional, expected to manufacturer nearly 120 million mobile phones.
Associate Director at Counterpoint Research, Tarun Pathak said, new facility gives Samsung an advantage by reducing the time to market. Samsung has two manufacturing plant , Noida and Sriperumbudur, Tamil Nadu five R&D centers. One design centre in Noida, more than 70,000 employee and expanding its network to over 1.5 lakh retail outlets.