Samsung Electronics plans to double its output of mobile phones and refrigerators in India by investing 700 billion won.
Samsung Electronics India plans to double the size of its plant in Noida in Uttar Pradesh from 120,000 square meters to 240,000 square meters. The ground-breaking ceremony is slated to be held on June 7.
Once the expansion is completed, the plant’s monthly mobile phone output would likely increase from the current 5 million units to 10 million units, and refrigerator output from 100,000 units to 200,000 units. At present, Samsung is running two plants in India, one in Noida and the other in Chennai.
The Noida plant, established in 1997, has engaged in the production of mobile phones and refrigerators, while the Chennai plant, founded in 2007, is specialized in the production of refrigerators, washing machines, air-conditioners, and LED TVs.
By Baishakhi Dutta
