Samsung’s Made in India Smartphones Factory is launching today by Prime Minister Narendra Modi. Samsung Electronics Co., of South Korea, is starting its world’s largest mobile phone manufacturing plant in Noida today.
Prime Minister Narendra Modi will be inaugurating this factory with South Korean President Moon Jae-in.
“Make in India” initiative of PM Modi has encouraged foreign companies to make their manufacturing plants in India which has given country $62 Billion of Foreign Direct Investment(FDI).
The new Samsung Factory in Noida can make 120 million smartphones per year, looking at the booming smartphone market in India which will rise up to 780 million smartphone users by 2021 as per study of Cisco Systems.
Samsung’s Made in India smartphones will show India’s unique image of manufacturing smartphones in World Market.
Source: www.ndtv.com
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