Samsung currently manufactures around 67 million smartphone units in India, but the handset manufacturer is set to double that capacity with its biggest plant in Noida, Uttar Pradesh coming up today. Samsung had plans to pump in $620 million in since last year and that plan is coming to fruition with the inauguration today. Not only will this double Samsung’s smartphone production in India, it will also double-fold refrigerator production to 2,00,000 units per month. This will be the biggest smartphone factory in the world when it goes live today.
The new facility will be inaugurated by Prime Minister Narendra Modi, and South Korean President, Moon Jae-in who is a visitor in India currently. This particular factory now spans an area of 1,40,000 sq meters which wasn’t so in 1995 when it produced television sets. Smartphone production started at the unit only in 2007 while refrigerators are being produced since 2003 at the plant.
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Samsung has two manufacturing plants in India. One of them is in Noida, the other is in Tamil Nadu. The company also has five research institutes in the country. The Noida hub has a workforce of around 70,000 people and the expansion should help create another 5,000 new openings in the state.
“The investment reaffirms Samsungs commitment to Make- in-India and Make-for-India and to the state of Uttar Pradesh,” Samsung India had said in a statement.
