Business

Samsung Plans to Invest In Smart Manufacturing Capability in India

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.

Read this also:  Exclusive: IT Raid On Real Estate Company Sobha Underway, Started around 10:30 AM, Today

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)

Bharat Express English

Recent Posts

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

41 mins ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

2 hours ago

Gautam Adani, Family Participate In Puri Rath Yatra; Launch Massive ‘Prasad Seva’ Initiative

Gautam Adani, along with his wife Priti Adani and son Karan Adani, joined thousands of…

2 hours ago

PM Modi, Leaders Pay Tribute To Former PM PV Narasimha Rao On Birth Anniversary

PM Narendra Modi on Saturday paid tribute to former Prime Minister PV Narasimha Rao on…

3 hours ago

Gautam Adani Hails Divine Experience At Rath Yatra; Praises Odisha’s Graceful Management

Gautam Adani conveyed profound spiritual emotions after witnessing the revered Rath Yatra of Lord Jagannath…

3 hours ago

Punjab’s Litchis Reach Middle East Markets In Boost To India’s Fruit Exports

In a step towards diversifying India’s horticultural exports, Punjab has successfully shipped its first consignment…

3 hours ago