Tuesday, January 27, 2015

#Samsung invests Rs.517 crores for expansion of its Noida plant in UP

Samsung India Electronics has completed 20 years in India and has three research labs and two manufacturing plants in the country with a total of 45,000 employees. It has invested INR. 517 crores for the expansion of the Noida plant under the UP Mega Policy, reaffirming Samsung’s commitment and contribution towards India’s manufacturing sector. The new phone "Samsung Z1" will also be manufactured at the Noida facility with most of the phone’s software being developed at the Noida Research Centre.

In order to adhere to and meet Global Quality Standards, an online monitoring system has been put in place to monitor the processes on a real time basis. Samsung India Electronics has invested in a modern training facility spread over 35,000 sq. ft. within its manufacturing premises to focus on capability building and skill enhancement of its employees. Samsung India Electronics is committed to strengthen its manufacturing infrastructure and will gradually expand capacity at this plant to meet the growing domestic demand for mobile handsets.
The expansion of Samsung India Electronics’ state-of-the-art mobile phone plant was inaugurated by Akhilesh Yadav, Chief Minister of Uttar Pradesh in Lucknow, in the presence of Joon-gyu Lee, Ambassador of the Republic of Korea to India and Hyun Chil Hong, President & CEO, Samsung India Electronics. Other distinguished delegates present at the event were Shri R.S. Sharma,  IT Secretary, Government of India; Alok Ranjan, Chief Secretary of Uttar Pradesh,  MyungWouk Kim, Senior Vice President, Noida Plant, Samsung India Electronics and other senior government officials.