Tuesday 10 July 2018
Samsung Electronics opened the world’s largest mobile phone manufacturing plant by production capacity in India yesterday, taking the fight to its rivals in the burgeoning smartphone market in the country. The new plant – located in the industrial city of Noida – will help Samsung gradually double its current annual production capacity in India from 67 million phones to 120 million in the next three years. The factory is also expected to provide at least 1,000 more local jobs. The new factory was made possible thanks to the state government’s Mega Plan, under which Samsung had announced an investment of more…
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