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Monday, 9 July 2018

Samsung opens world’s largest mobile factory in India, launches ‘Make for the World’ initiative

Samsung today opened its new mobile phone manufacturing facility – The World’s Largest Mobile Factory – in Noida, Uttar Pradesh, India. It also launched its ‘Make for the World’ initiative that aims to export mobile handsets produced in India, to overseas markets. With this new facility, Samsung will 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. The Honourable Prime Minister of India, Shri @narendramodi, and the Honourable President of the Republic of Korea, @moonriver365, jointly inaugurating the Samsung India's new production unit at Noida - The World's Largest Mobile Factory! #MakeForTheWorld #MakeForIndia pic.twitter.com/71MKTJQSWT — Samsung India (@Samsung_IN) July 9, 2018 Back in June last year Samsung  announced an investment of Rs. 4,915 crore to add new capacity at the Noida plant, under the Uttar Pradesh government’s Mega Policy. The manufacturing plant, spread over 129,000 sq. metres, will help the company 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 that 30% of the production from the unit will be exported. All Samsung mobile phones, ...