Friday, September 16, 2011

Samsung in mobile production in India is close to $100 million,

Samsung Electronics today said its production capacity in India has been tripled from today, following the commissioning of new facilities at its Noida manufacturing plant-Samsung, announced an investment of $70 million:India is one of the top three mobile markets in the world and we stand committed to this market and Indian consumers," Samsung President and CEO for South West Asia JS Shin said:"The company has invested $70 million, approximately, to enhance this capacity. With this, the total investment by Samsung in mobile production in India has reached close to $100 million," Samsung India Country Head - Mobile and IT Business Ranjit Yadav said.
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