Honourable Prime Minister Shri Narendra Modi and Honourable President of Korea HE Moon Jae-in Flag-off ‘Make for the World’
Samsung India to double its annual mobile production capacity to 120 million units by 2020; Aims to make India an export hub for mobile phones through Make for the World
The Honourable Prime Minister of India, Shri Narendra Modi, and the Honourable President of the Republic of Korea, His Excellency Moon Jae-in, today jointly inaugurated Samsung Electronics’ new mobile phone manufacturing facility – The World’s Largest Mobile Factory – in Noida, Uttar Pradesh, India.
Samsung India also launched its ‘Make for the World’ initiative, whereby it aims to export mobile handsets produced in India, to overseas markets.
The ribbon-cutting ceremony to mark the start of manufacturing at the new factory was also attended by the Honourable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath, the Honourable Minister of Commerce and Industry, Shri Suresh Prabhu, and other dignitaries from government and industry. Senior executives of Samsung Electronics, including Vice Chairman Mr. Jay Y. Lee, Vice Chairman Mr. BK Yoon and, CEO and President of IT & Mobile Communications Mr. DJ Koh, were also present.
With this new facility, Samsung will double its current capacity for mobile phones in Noida from 68 million units a year to 120 million units a year, in a phase-wise expansion that will be completed by 2020.
Samsung has been manufacturing mobile phones in India since 2007, and is the only brand that is truly made in India. Samsung India has been populating Printed Circuit Boards (PCBs) right from its inception and is aligned with the Government of India’s Phased Manufacturing Programme (PMP) goals.
On June 7, 2017, Samsung had announced an investment of INR 4,915 crore to add new capacity at the Noida plant, under the Uttar Pradesh government’s Mega Policy.
“Our Noida factory, the world’s largest mobile factory, is a symbol of Samsung’s strong commitment to India, and a shining example of the success of the Government’s ‘Make in India’ programme. Samsung is a long-term partner of India. We ‘Make in India’, ‘Make for India’ and now, we will ‘Make for the World’. We are aligned with Government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones,” Mr. HC Hong, Chief Executive Officer, Samsung India, said.
The Noida factory, which was set up in 1996 is one of the first global electronics manufacturing facilities set up in India. A bigger manufacturing plant, spread over 129,000 sq. metres, will help Samsung meet the growing demand for its innovative products and services across the country and also fulfil the Company’s goal of making India an export hub for the world.