Samsung has chosen India to set up the worlds largest mobile factory. The factory is located in Sector 81 of Noida, Uttar Pradesh, right next to an existing Samsung plant. The factory is set up on 35-acres of land with the ability to churn out 120 million mobile devices in a year.
Prime Minister Narendra Modi and South Korean President Moon Jae-in will arrive together to inaugurate the factory. The existing Samsung plant, in the same location, was set up in the early 1990s. It started manufacturing TVs in 1997. The current mobile phone manufacturing unit was added to the plant in 2005.
One year ago, in June 2017, Samsung announced an investment of Rs 4,915 crore to expand the Noida plant. It looks like the investment has led to doubling the production capacity of the plant.
Samsung currently manufactures about 67 million smartphones in India. With the new expansion, this will go up to 120 million mobile phones. It is not just mobile phones that will see an increase in production but other products from Samsung’s portfolio including refrigerators and flat panel televisions.
One year ago, in June 2017, Samsung announced an investment of Rs 4,915 crore to expand the Noida plant. It looks like the investment has led to doubling the production capacity of the plant.
Samsung currently manufactures about 67 million smartphones in India. With the new expansion, this will go up to 120 million mobile phones. It is not just mobile phones that will see an increase in production but other products from Samsung’s portfolio including refrigerators and flat panel televisions. Speaking of Samsung’s investment in India, the company has two manufacturing plants – one in Noida and another in Sriperumbudur, Tamil Nadu.
Samsung also has five R&D centres in India, and one design centre in Noida. With the new facility, Noida will suddenely jump to the top of the list for hosting one of the largest mobile manufacturing facilities in the world.