Samsung to make India a global export hub: Modi

By Anuj Sharma - July 10, 2018
samsung-noida-factory
With this new facility, Samsung plans to double its current capacity for mobile phones in Noida from 68 million units a year to 120 million units a year, in a phase-wise expansion that will be complet....

In June 2017, Samsung announced ₹4,915 crore of investment to double the capacity of its Noida plant. And exactly a year later in 2018, Samsung opened its new mobile phone manufacturing facility, which the company claims to be the world’s largest mobile factory, in Noida, Uttar Pradesh.

Prime Minister Narendra Modi inaugurated the new facility which is spread over 129,000 square metres in Sector 81, Noida. Prime Minister Modi said that Samsung will export 30 per cent of handsets made in Noida to other markets, which will make India a global export hub.

All Samsung mobile phones, including the flagship Galaxy S9, S9+ and Galaxy Note 8, will be manufactured at the Noida plant.

‘India is currently second in terms of phone manufacturing. Out of 120 mobile factories, 50 are in Noida. Altogether, over 400,000 people are working in those units and Samsung is spearheading this with a workforce of 70,000 people.

‘The new facility gives direct jobs to 1,000 people, taking the existing workforce at this plant to 6,000. The best part is that the company will export 30 per cent of the handsets made here to other markets,’ Modi emphasised.

With this new facility, Samsung plans to double its current capacity for mobile phones in Noida from 68 million units a year to 120 million units a year, in a phase-wise expansion that will be completed by 2020.

South Korean giant Samsung has been manufacturing mobile phones in India since 2007 with Printed Circuit Boards (PCBs) being developed from day one at its Noida factory. In line with Indian government’s ‘Make for India’ initiative, Samsung started bringing ‘Make for India’ innovations in its products from 2015.

‘Make for India’ to ‘Make for the World’: Here is a timeline of Samsung’s Noida factory . . .

 

 

 

 

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