Wednesday
July 11
2018

Samsung goes big in India with ‘world’s largest mobile factory’

By Rishi Iyengar

South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi formally opened the company’s expanded manufacturing plant in Nodia, about an hour outside New Delhi, on Monday.

Built on 32 acres of land next to Samsung’s (SSNLF) original factory in India, the plant will allow the South Korean firm to nearly double the number of smartphones it makes in India every year from 68 million to 120 million by 2020.

Samsung India CEO HC Hong described the factory as a “symbol of Samsung’s strong commitment to India and a shining example of the success of the government’s ‘Make in India’ program,” referring to Modi’s initiative to encourage global companies to invest in manufacturing operations in the country.

 

Photo courtesy of Highways England.

 

Source: CNN Money (link opens in a new window)

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Technology
Tags
jobs, manufacturing, technology