Samsung is a very popular and big brand name of technology company. South Korean President Moon Jae-in will mark his first ever state visit to India to visit the largest Samsung plant along with Prime Minister Narendra Modi on Monday.
Samsung has opened a brand new 35-acre Electronics facility at Sector 81 in Noida, Uttar Pradesh. One of the first electronics manufacturing facilities set up in the country in the early 1990s, the plant started by manufacturing TVs in 1997. The current mobile phone manufacturing unit was added in 2005.
In 2012, Samsung became the leader in mobile phones in the country and the Noida facility rolled out the first-ever "Galaxy S3" device. Today, Samsung is the market leader across mobile segments.The company currently has over 10 percent of its overall production in India and aims to take it to 50 percent over the next three years.
Last year, Samsung invested Rs 4,915 crore to double its manufacturing capacity for smartphones and refrigerators in the Noida plant.
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