Samsung Vice Chairman Jay Y Lee meets PM Narendra Modi


Samsung Electronics Vice Chairman Jay Y. Lee today met India’s Prime Minister Narendra Modi in New Delhi. He reiterated Samsung’s long-term commitment to the people of India as a strategic partner.

Lee apprised the Prime Minister of Samsung’s business operations and citizenship activities in the country. He stated that Korean technology major Samsung is working in synchrony with “Make in India” and “Digital India” initiatives in growing India as an important production base and central R&D hub.

He said Samsung’s ultimate goal is to be not just a foreign investor but a true local business in India, where Samsung will work with local communities. Besides Make in India, Samsung is also committed to ‘Make for India’, an initiative to create meaningful local innovations for the Indian consumers.

Last year in January, Samsung invested Rs. 517 crores for the expansion of Noida mobile phone plant.

Author: Sneha Bokil

Sneha Bokil is a tech enthusiast and is currently using OnePlus 3T but she still treasures her Nokia N70 (M). You can follow her on Twitter @snehabokil and on Google+