Noida now has the largest mobile factory in the world
Noida now has the largest mobile factory in the world
Samsung opens world's largest mobile manufacturing plant in Noida: All you need to know
09 July, 2018, 11:38
In 2005, the current mobile manufacturing unit was added, production began in 2007, and in 2012, when Samsung became the country's leading mobile manufacturer, the Noida facility rolled out the first-ever Samsung Galaxy S3 phone.
One of the first electronics manufacturing facilities set up in the country in the early 1990s, the plant started by manufacturing TVs in 1997.
Previous year in June, Samsung has announced a massive Rs 4,915 crore investment to expand the Noida plant.
According to the report, Samsung's new facility will not only help in mobile manufacturing but also double its production capacity of consumer electronics like refrigerators and flat-panel televisions - which will further consolidate the company's leadership in these segments.
Since taking power in 2014, PM Modi has pushed his "Make in India" initiative, which encourages companies to set up plants in the country, as the nation attempts to bolster domestic manufacturing.
The new Samsung factory will have the capacity to fabricate 120 million smartphones per year, and make everything from low-end smartphones that cost under $100 to the company's flagship S9 model, according to the company. It also looks like the capacity for manufacturing refrigerators will also be increased with the new plant. In smartphones, Samsung had a 24.7 per cent share over all of 2017, though it has lost in individual quarters to Chinese rival Xiaomi, which has grown in India. The South Korean President, who is on a four-day visit to India, was accompanied by first lady Kim Jung-sook, senior members of his cabinet, officials as well as industry captains. The Delhi-Noida-Direct (DND) flyover will be blocked from 4 pm to 5.30 pm on account of the same.
Samsung has two manufacturing plants - in Noida and in Sriperumbudur, Tamil Nadu - and five research and development centres in India. The company has one design centre in Noida with a workforce of over 70,000 people.
"This will help Samsung bring some local features to the devices powered by R&D here".
When it comes to mobile manufacturing, Samsung is manufacturing over 10 per cent of its overall production in India, and aims to take it to 50 per cent in the next three years, according to IANS. The mentioned plant will double the smartphone production.
Samsung is expected to create 15,000 jobs through the new manufacturing unit.
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