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Samsung strengthens Make in India, Make for India commitment to further invest in Noida, UP

LUCKNOW: Samsung India Electronics announced expansion of its Noida plant with an investment of INR 1,970 crore, strengthening its commitment to ‘Make in India’ and ‘Make for India’ campaign more stronger than ever.

The Government of Uttar Pradesh finally approved the investment by Samsung India Electronics under Super Mega A by the state’s Cabinet Committee in Lucknow today. A Memorandum of Understanding was signed between Uttar Pradesh Chief Secretary, Shri Rahul Bhatnagar and Mr. HC Hong, President & CEO, Samsung India Electronics, in the presence of Honourable Chief Minister Shri Akhilesh Yadav.

Speaking on the occasion, Shri Akhilesh Yadav, said, “Noida is the symbol of Uttar Pradesh and India’s industrialization and growth ever since the economic liberalization twenty years ago. Samsung has been our partner in this growth right since 1996. It has created thousands of jobs, supported business, developed the service sector, and helped give global recognition to Noida. Today’s MoU is yet another step in converting Noida into the electronics hub of India. I am happy Samsung is pioneering this transformation yet again.”

The Noida plant of Samsung started in 1996 and continues to provide cutting edge and innovative technology to enhance the experiences for customers across India with a large ecosystem of suppliers in the National Capital Region. Samsung is involved in community development around the facility at Noida and across the state of  Uttar Pradesh through contributions to education, skill development and healthcare initiatives.

A journey of Samsung which is started in 1995,  sets a new benchmarks in innovation led manufacturing and consumer marketing, and established itself as a truly national brand among others. Samsung effectively consolidated its position in India with two factories, three R&D centers and a design center, employing over 40,000 people and establishing the largest sales and service network by any company in the country. By not only fulfilling its commitment to ‘Make in India’, but also living its promise of ‘Make for India’, Samsung has emerged as a truly Indian company by their commitments and hard work for India.

About Samsung Electronics Co., Ltd

Samsung Electronics Co., Ltd. inspires the world and shapes the future with transformative ideas and innovative technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, cameras, digital appliances, printers, medical equipment, network systems, and semiconductor and LED solutions. For the latest news, please visit the Samsung Newsroom at news.samsung.com/in.

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