Samsung is going to Open ‘world’s largest’ phone factory in Noida

Location Of Samsung Factory:

• The Factory  will be located in Noida , on the outskirts of New Delhi, Factory is  inaugurated jointly by Indian Prime Minister Narendra Modi and south korean  president Moon Jae in.

• From developing its first phone  SH-100 in 1988 to ‘world’s largest’ phone factory in Noida  Samsung has seen lot of ups and down in the market due to competition .

• Prime Minister Narendra Modi Make in India campaign has brought one of the biggest project In india it would be delivery job promises. According to Samsung they are planing to invest  49.2 billion rupees i.e ($716.57 million) and also will increase it capacity in coming three years.
• According to Samsung it will help them to double its current capacity for mobiles in noida to  an annual 120 million units after the phased expansion plan is completed.
• According to Moon Jae-In says this factory will benefit Indian and South Korean economy growth.
• While due to this decision of Samsung expenditure will give strong competition to rival Xiomi