Published: Mon, July 09, 2018
Technology | By Lionel Gonzales

Samsung India puts Noida on top with world's largest mobile factory

Samsung India puts Noida on top with world's largest mobile factory

Consumer electronics major, Samsung, has put the name of Noida in Uttar Pradesh on the top of the world map by housing the biggest mobile manufacturing facility in the northern Indian city.

Samsung's 35-acre Samsung Electronics facility at Sector 81 in Noida, has caught everybody's attention, as mentioned earlier, it is one of the largest smartphone factory in the world. South Korean President Moon Jae-in will also grace the event alongside the Prime Minister.

Established in 1995, Samsung India laid the foundation stone of Noida plant next year.

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

According to the report, Samsung's new facility will not only help in mobile manufacturing but also double its production capacity of consumer electronics like refrigerators and flat-panel televisions - which will further consolidate the company's leadership in these segments. 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.

Samsung India, that registered 27 per cent growth in mobile business revenue for the financial year 2016-17 - accounting for a whopping Rs 34,300 crore of its reported Rs 50,000 crore sales - won't be able to hide the smile when the new facility kicks off production from July 9. Keep in mind that the 120 million means feature phones as well. It also looks like the capacity for manufacturing refrigerators will also be increased with the new plant. Currently, it's manufacturing 67 million smartphones. The total mobile phone market in India for 2017 was around 288 million, according to IDC data with 164 million shipments of feature phones in total. South Korean President, Moon Jae-in have also arrived in India to accompany PM Modi.

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How many manufacturing plants does Samsung have in India?

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Samsung has two manufacturing plants - in Noida and in Sriperumbudur, Tamil Nadu - and five research and development centres in India. In total over 70,000 people are employed by the plant in Noida.

While announcing the investment previous year, the company had said that it would position the Noida plant as a major production hub and create about 5,000 new jobs.

The company now 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.

PM Modi has pushed "Make in India" initiative, encouraging companies to set up plants in India.

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