Samsung India today said it has invested Rs 517 crore to expand its mobile phone plant in Noida.
The smartphone company will manufacture Samsung Z1 at the Noida facility.
Samsung India has three research labs and two manufacturing plants in the country with a total of 45,000 employees. It has invested Rs 517 crore for the expansion of the Noida plant under the UP Mega Policy.
Samsung India has invested in a 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 will gradually expand capacity at this plant to meet the domestic demand for mobile handsets.
“The Noida factory rates as one of the best facilities across the globe. Over 11,000 employees are working in U.P. and we are looking forward to create more job opportunities in the state,” said Hyun Chil Hong, president & CEO, Samsung India Electronics.
Image caption: Hyun Chil Hong, president & CEO, Samsung India Electronics and Akhilesh Yadav, chief minister, Uttar Pradesh shaking hands after announcing an investment of Rs 517 crore for expanding Samsung India Electronics’ mobile phones plant in Noida