Samsung is one of the global companies which are shutting down its manufacturing in China finding a better business scope in India. The South Korean giant is now planning to invest in smart manufacturing capability, research and development in India.
The electronics major of Korea, Samsung has announced that it is going to invest in India setting up smart manufacturing capabilities at its largest mobile phone plant in the business city of Uttar Pradesh. With its new set up in Noida, the company is to make production more competitive, the company’s global head for mobile business.
Company to continue to invest in R&D facility in India
Samsung Electronics President and Head of Mobile eXperience Business TM Roh in response to a PTI query on the company’s investment plan in India said that the company will continue to invest in research and development facility in the country.
“We will continue our investment to bring the optimised and or smart factory to the Noida facilities. We will continue our investment there. I believe this our investment for the smart factory will bring competitiveness in the production,” Roh said.
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Biggest manufacturing facility in Noida
Samsung has its biggest manufacturing facility in Noida. The company this year started manufacturing its premium Galaxy S23 series in India.
“We have the biggest research and development centre here. For the new innovation we will continue our investment in this area,” Roh said.
Samsung has around 10,000 employees at its R&D centres across India, out of which the largest base of close to 3,500 people is located at it Bengaluru centre.
(Source-PTI)
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