How many manufacturing plants does Samsung have in India?
The company now manufactures 67 million smartphones in India.
Samsung Electronics, the South Korean maker of Galaxy smartphones, said it is opening the world's largest mobile phone manufacturing facility on the outskirts of the Indian capital, as smartphone demand in the country surges.
Samsung's Noida plant was set up in 1996 where it has been manufacturing smartphones, refrigerators and flat-screen televisions. With the new plant coming into operation, it is expected to manufacture almost 120 million mobile devices.
By 2005, Samsung had become market leader in panel TVs and in 2007, the existing Noida facility started manufacturing mobile phones. To be clear, Samsung has had manufacturing in India for over two decades. The company was the top smartphone company for a long time and is still fighting for the top spot with Xiaomi which also started manufacturing phones in the country. According to reports, the capacity of the plant will double from 67 million to 120 million phones for the year, making it one of the world's largest. India is a big opportunity across price segments, including 2G feature phones. Under intense competition from Apple Inc. and Chinese rivals like Oppo, Vivo, Xiaomi, Gionee and Lenovo, Samsung plans to make India its export hub for countries in Europe, Middle East and Africa.
"For Samsung, India is among the top five smartphone markets globally".
PM Modi along with South Korean president Moon Jae-in will be inaugurating the facility in Noida at 5 pm Monday.
Due to security-related issues, several diversions have been announced by the Noida police for today starting at 4 PM till 9 PM.
Samsung has two manufacturing plants in India. The South Korean conglomerate has opened the unit at Sector 81. The company has one design centre in Noida with a workforce of over 70,000 people.
When it comes to mobile manufacturing, Samsung is manufacturing over 10 per cent of its overall production in India, and aims to take it to 50 per cent in the next three years, according to IANS.
"This will help Samsung bring some local features to the devices powered by R&D here". Numerous software products designed for Samsung's smartphones in India are developed by these R&D teams.
Samsung is expected to create 15,000 jobs through the new manufacturing unit.
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