Samsung invests Rs. 517 crores for the expansion of Noida mobile phone plant

Samsung India Electronics Noida mobile phone plant inauguration

Samsung India today announced that it has invested INR. 517 crores for the expansion of the Noida plant under the UP Mega Policy. The plan was inaugurated by Akhilesh Yadav, Hon’ble Chief Minister of Uttar Pradesh in Lucknow today. Samsung’s latest Z1 Tizen smartphone will also be manufactured at the Noida facility with most of the phone’s software being developed at the Noida Research Centre, it said.

Samsung India Electronics has completed 20 years in India and today has three research labs and two manufacturing plants in the country with a total of 45,000 employees, said the company. The pant has online monitoring system to monitor the processes on a real-time basis and has modern training facility spread over 35,000 sq. ft. within its manufacturing premises to focus on capability building and skill enhancement of its employees.

It will gradually expand the capacity at this plant to meet the growing domestic demand for mobile handsets, added Samsung.

Shri Akhilesh Yadav, Hon’ble Chief Minister, Uttar Pradesh, said:

It gives me immense pleasure to inaugurate the expansion of Samsung India Electronics mobile plant in Uttar Pradesh. The plant not only contributes to the economic development of the state but also helps in skilling the youth and creating enormous job opportunities in the region. Uttar Pradesh has always promoted and encouraged corporates to establish their factories and R&D centers in the state.

H.E. Joon-gyu Lee, Ambassador of the Republic of Korea to India said:

Korea shares very close ties with the people of Uttar Pradesh. A host of Korean companies operate out of U.P. and have manufacturing facilities in the state. I will like to congratulate Samsung India Electronics for their investments in the Uttar Pradesh and also for being the largest private tax player in the state.

Hyun Chil Hong, President & CEO, Samsung India Electronics, said:

Uttar Pradesh is one of the most important states for Samsung and the expansion of the Noida Mobile unit will further strengthen our presence in the country and enhance our manufacturing operations. The Noida factory is a star performer and rates as one of the best facilities across the globe. Currently over 11,000 Samsung employees are working in U.P. and we are looking forward to create more job opportunities in the state. Under the leadership of the Hon’ble Chief Minister, Samsung India Electronics has made significant investments in the state. The CM’s trendsetter UP Mega Policy has given Samsung India Electronics the opportunity to have the state of Uttar Pradesh as a partner in its growth in India.

Author: Srivatsan Sridhar

Srivatsan Sridhar is a Mobile Technology Enthusiast who is passionate about Mobile phones and Mobile apps. He uses the phones he reviews as his main phone. You can follow him on Twitter and Instagram