Connect with us

November 4, 2024 10:03 PM

Business

Samsung To Relocate Its Production Unit From China To India

Published

on

Samsung to relocate production Unit
Read Time: < 1 minute

👉 Samsung will make an investment of Rs 4,825 crore to relocate its mobile & IT display production unit from China to NCR in Uttar Pradesh.

👉 The manufacturing unit is expected to generate direct employment of 510 persons besides giving indirect employment.

🔺”This is the first high-technique project of South Korea’s multi-national major which is being set up in India after relocating from China and the country will become third in the world to have such a unit,” the govt said.

🔺Samsung currently makes more than 70 percent of the total display products used in TVs, mobile phones, tablets, watched, etc., in the world in South Korea, Vietnam and China.

🔺Samsung said that it was planning new initiatives in manufacturing in India to make it an electronics manufacturing and exports hub.

 

By Ashwini Mahesh, Marketing & Social Media Enthusiast | Brand Building

Why Is Trading So Hard?

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Bridging Points Media

loading...

Samachar Hub

Ukalodisha

Coupons Universe

Newsletter








































Which is the better movie Seabiscuit or Secretariat?
VoteResults