Samsung to set up largest mobile factory in Noida
City: 

Korean mobile major Samsung India has chosen Indian state Uttar Pradesh to set up its new 35-acre Samsung Electronics facility to make it the largest manufacturing plant.

Prime Minister Narendra Modi and South Korean President Moon Jae-in who is on a visit to India will be inaugurating the facility on Monday.

One of the first electronics manufacturing facilities set up in the country in the early 1990s, the plant started by manufacturing TVs in 1997. The current mobile phone manufacturing unit was added in 2005.

In June last year, the Samsung announced a Rs 4,915 crore investment to expand the Noida plant and, after a year, the new facility is now ready to double production to meet growing demand in a country where it is the leading handset company.

The company is currently making 67 million smartphones in India and with the new plant being functional, it is expected to manufacture nearly 120 million mobile phones.

The expansion of the current facility will double Samsung's production capacity of consumer electronics like refrigerators and flat-panel televisions, further consolidating the company's leadership in these segments.

Industry watchers said this will help Samsung bring some local features to the devices .

Samsung has two manufacturing plants -- in Noida and in Sriperumbudur, Tamil Nadu -- five R&D centres, and one design centre in Noida, employing over 70,000 people and expanding its network to over 1.5 lakh retail outlets.

Established in 1995, Samsung India laid the foundation stone of Noida plant next year. In 1997, production commenced and the first television was rolled out. In 2003, refrigerator production began.

By 2005, Samsung had become a market leader in panel TVs and in 2007, the existing Noida facility started manufacturing mobile phones.

In 2012, Samsung became the leader in mobile phones in the country and the Noida facility rolled out the first-ever "Galaxy S3" device. Today, Samsung is the market leader across mobile segments.

The company currently has over 10 per cent of its overall production in India and aims to take it to 50 per cent over the next three years.

According to HC Hong, President and CEO, Samsung India, a bigger manufacturing plant will help them cater to the growing demand for Samsung products across the country.