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Samsung Opens Its Biggest Mobile Factory In Noida

Samsung Opens Its Biggest Mobile Factory In Noida
Prime Minister Modi and South Korean President Moon Jae-in at the inauguration in Noida. (Source- Official Twitter account of the Bharatiya Janata Party.)

India Ahead

Samsung Opens Its Biggest Mobile Factory In Noida

One of the largest in the world, it will produce 120 million phones annually.

In a big boost to the government’s Make in India campaign, Samsung has set up its biggest mobile factory in the world in Noida, Uttar Pradesh. The facility was opened on Monday by Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in.

Spread across 35 acres in Noida’s Sector 81, it will have a capacity of manufacturing 120 million mobile phones annually.

The South Korean consumer electronics giant’s biggest mobile factory has built on the existing facility that has been around since the mid-2000s. Samsung’s first plant in Noida began by producing television sets in 1997. The current mobile phone manufacturing facility was added in 2005.

Samsung had announced a Rs 4,915 crore expansion plan of the existing unit last year. The company has two manufacturing units in India, the other being in Sriperumbudur, Tamil Nadu. The expansion is also expected to increase the company’s manufacturing capacity of television and refrigerator units.

Prime Minister Modi referred to the combination of South Korea’s technology and India’s manufacturing ability. President Moon talked about the future of shared growth and prosperity.

India A Mobile Manufacturing Hub

Samsung Opens Its Biggest Mobile Factory In Noida

Representational image.

India is the second biggest mobile handset manufacturer in the world, next only to China, according to the Indian Cellular Association (ICA). A report in The Economic Times in April this year had quoted data shared by ICA that showed that India manufactured 11 million (mn) units in 2017, up from the figure of 3 mn units in 2014.

Before India overtook it, the position of the world’s second largest mobile manufacturer was held by Vietnam.

A report by the Internet And Mobile Association of India (IAMAI) and Enixta Innovations has projected that by 2020, almost 96% of all mobile phones sold in India will be locally manufactured.

The report, titled ‘Indian Mobile Phone market: Emerging Opportunities for Fulfilling India’s Digital Economy Dream’, said that two out of every three mobile phone sold in India in 2016 were domestically produced.

The report had also quoted figures from Statista to say that the estimated number of smartphone users in India would touch 445 million by 2020.

Modi-Kim Metro Ride To Noida

Prime Minister Modi and President Kim reached Noida using the Delhi Metro. The Prime Minister shared a photo of the metro ride, with the Akshardham Temple near the banks of the Yamuna in the background.

The Prime Minister’s Office shared this image on Twitter.

The two had earlier visited the Gandhi Smriti in Delhi.

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