Samsung’s largest factory to be set up in India

Samsung’s largest factory to be set up in India
The Siliconreview
09 July, 2018

Samsung’s largest factory to date is set to be launched in Noida in the Indian state of Uttar Pradesh. While most people know that China is the world’s hub of manufacturing consumer electronics, this move would definitely put Noida on the map. The enormous 35-acre facility is reportedly flanked by open fields on one side and some residential buildings on the other.

Indian Prime Minister, Narendra Modi and South Korean President, Moon Jae-in will be arriving together in a helicopter for the inauguration. The plant was originally set up to manufacture television sets in the early 1990s, but later on was expanded to make mobile phones in 2005. Samsung announced last year that it was going to invest Rs. 4915 crores ($730 million approximately) to expand and upgrade the Noida plant.

In addition to mobiles, the facility is also set to double its capacity to manufacture consumer appliances such as refrigerators and flat screen televisions. Alongside the plant in Noida, Samsung also has a plant in Sriperumbudur in Tamil Nadu, five R&D centres and one design centre in Noida, together employing over 70,000 people. “This will help Samsung bring some local features to the devices powered by R&D here. Apart from this, the company can also bring in export opportunity for Samsung to SAARC and other regions,” said Tarun Pathak, Associate Director at Counterpoint Research.