Noida now has the largest mobile factory in the world

Samsung Samsung biggest mobile factory Samsung Noida factory where is worlds biggets mobile factory Samsung Galaxy series PM Narendra Modi Samsung Electronics Moon Jae-in South Korea Samsung smartphone business electronics business

Chinese smartphone maker Xiaomi Corp. said in April it will set up three more factories in India.

The company is now making 67 million smartphones in India and with the new plant being functional, it is expected to manufacture almost 120 million mobile phones. Later in the evening at around 5 PM, he will visit the Samsung India Electronics unit at Block B, Sector 81, Noida.

The mobile phone plant can produce almost 12 crore mobile phones every year, and will create 15,000 job opportunities.

India overtook the United States a year ago to become the world's second-largest smartphone market after China.

The Indian mobile phone market grew by 48% YoY in the first quarter of 2018, driven by strong demand from the featurephone segment.

Prime Minister Narendra Modi's government has imposed taxes on imports of key smartphone components as part of a plan to encourage electronics manufacturing in India which would boost growth and create millions of new jobs.

With the begnining of this New Plant India's Make In India and Skill India Will get a major Push in the country.

Not China or South Korea - and certainly not the United States - the tag of housing the world's largest mobile factory has straight away put Noida on top of the world manufacturing map when it comes to consumer electronics.

Ahead of the trip to India, Moon and his office emphasized the importance of India in the New Southern Policy on numerous occasions before the trip. "Altogether, over 400,000 people are working in those units and Samsung is spearheading this with a workforce of 70,000 people", Modi said.

Announcing the investment a year ago, the South Korean giant said that it would position the Noida plant as a major production hub and create about 5,000 new jobs. He claimed that the factory will provide 35,000 jobs directly and indirectly, and the state government will ensure that the unit got the proper infrastructure it needed.

"We "Make in India", "Make for India" and now, we will "Make for the World", HC Hong, Chief Executive Officer at Samsung India, said in the statement.

The prime minister said India has 40 crore smartphones in use and 32 crore people using the broadband internet.

The South Korean President along with Prime Minister Modi will visit the Gandhi Smriti on Monday.

Last June, Samsung announced an investment of ₹4,915 crore to add new capacity at the Noida plant. Apart from Noida, Samsung also has a factory in Sriperumbudur, near Chennai, five research and development centres and one design centre along with 1.5 lakh retail outlets and 3,000 customer service points.

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