Samsung opens the world’s largest mobile factory in India

Samsung Samsung biggest mobile factory Samsung Noida factory where is worlds biggets mobile factory Samsung Galaxy series PM Narendra Modi Samsung Electronics Moon Jae-in South Korea Samsung smartphone business electronics business

The factory opening attracted some notable guests, including Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in.

"Our push for Make in India is not just part of our economic policy but a commitment for bilateral ties with countries like South Korea", he said.

Samsung has Invested close to 5,000 Crore Rupees in this plant and aims to Manufacture 12 Crore Mobile Handsets annually which will result is massive job creation. Seoul's presidential office also said that Moon briefed Swaraj on the idea of "partnership for people, mutual prosperity and peace" that he plans to present to Indian Prime Minister Narendra Modi during their summit scheduled for Tuesday. The factory will provide jobs to more than 2,000 people. "This [plant] is a big step in the direction of making India a hub of world manufacturing".

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Sweden also held a better head to head than England , so were known as the Bogey team. Maguire continued his superhuman-like defending in the World Cup quarter-finals.

Samsung witnessed 27 per cent growth in revenues from India in the financial year 2016-17 and if the progress continues, it might also start producing flagship products in television and refrigerator category.

Although Samsung held the top spot on the list of mobile phone manufacturers in India for a long time, it was recently knocked down to the second position by Chinese manufacturer Xiaomi.

"We invite trusted global brands like Samsung to be a part of the new Indian business culture", Modi said. Located in Noida, India, on the outskirts of New Delhi, the factory will almost double Samsung's Noida unit capacity from around 68 million units a year to 120 million annually according to a report from Bloomberg. The mentioned plant will double the smartphone production.

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In front are open fields with grazing cattle, to the left are under-construction residential societies and to the right is its existing facilty - this where Samsung has set up what is the world's largest mobile factory.

Samsung is expected to unveil the Galaxy Note 9 in Brooklyn, New York, on August 9 and is teaming up with ARM to work on a mobile chipset that will run at speeds above 3GHz. In photos tweeted by PM Modi, the two leaders were seen chatting on the metro, the Akshardham temple visible in the window behind them. Both used tokens like everyday passengers and it was ensured that the movement of the train is not delayed due to the special visit.

Moon, who was on his first visit to India since being elected president a year ago, sought an expansion of trade and economic ties with India.

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India now counts about 400 million smartphone users out of its population of 1.3 billion people, meaning there's still a vast amount of potential consumers to draw from, the Verge noted.

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