Narendra Modi inaugurates 'world's largest mobile factory' in Noida

Samsung Samsung biggest mobile factory Samsung Noida factory where is worlds biggets mobile factory Samsung Galaxy series PM Narendra Modi Samsung Electronics Moon Jae-in South Korea Samsung smartphone business electronics business

Samsung Electronics Co., the South Korean maker of Galaxy phones, said it is opening the world's largest mobile phone manufacturing facility on the outskirts of the Indian capital, as smartphone demand surges.

"I am committed to raise relations with India to the level of those with our four major powers around the Korean peninsula", Moon said, adding that this commitment was embodied in his new southern policy outlined past year.

"I have hopes to raise Korea-India relations to that with the four major powers surrounding Korea to match India's global standing", Moon said.

The facility was jointly inaugurated by Prime Minister Modi and the visiting South Korean President Moon Jae-in, underlining the significance attached to the project. "India has become number 2 in mobile phone manufacturing".

"The new facility with give direct jobs to 1,000 people, taking the existing workforce at this plant to 6,000". The South Korean President, who is on a four-day visit to India, was accompanied by first lady Kim Jung-sook, senior members of his cabinet, officials as well as industry captains. Samsung also has a manufacturing unit in Sriperumbudur, Tamil Nadu as well. "Apart from this, the company can also bring in export opportunity for Samsung to SAARC and other regions", Pathak told IANS. The expansion of Samsung's Noida facility - one of two manufacturing plants in the country - will help Samsung increase its phone production by nearly double. The factory is located in Noida's sector-81.

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Samsung is without a doubt the biggest name in the Android world, and so if you are considering purchasing a new phone, logic dictates you may be looking to pick up a phone made by the ...

Speaking on the new investment, a Samsung official had said that the latest investment in Noida plant would double the production capacity of smartphones. Today, Samsung is the market leader across mobile segments. With the Noida plant, it aims to take it to 50 per cent. In photos tweeted by PM Modi, the two leaders were seen chatting on the metro, the Akshardham temple visible in the window behind them.

Moon, who was on his first visit to India since being elected president past year, sought an expansion of trade and economic ties with India.

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.

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