7:33 am - Thursday April 25, 2024

Samsung In Talks To Set Up New Factory In India

648 Viewed Gautam Comments Off on Samsung In Talks To Set Up New Factory In India
South Korean technology giant Samsung Electronics Co Ltd is in talks with Indian states about building a third manufacturing plant in the country.
“While we are in talks with the state governments, nothing has been decided,” Samsung said in a statement. It didn’t say how much it might invest, nor what products any new plant might make.
A business newspaper reported on Friday that Samsung was considering building a new plant to make smartphones and other electronic goods. The paper, citing an unnamed source, said Samsung may invest between $500 million and $1 billion in the new plant.

– See more at: http://www.businessworld.in/news/business/corporate/samsung-in-talks-to-set-up-new-factory-in-india/1765834/page-1.html#sthash.tXYStBC1.dpuf

Don't miss the stories followIndiaVision India News & Information and let's be smart!
0/5 - 0
You need login to vote.
Filed in

DHFL Raises Rs 809 Crore From Institutional Investors

Day 3: Telecom spectrum sale fetches government Rs 77,000 crore

Related posts