“We invite trusted global brands like Samsung to be a part of the new Indian business culture. In the past four years, the number of mobile manufacturing factories has gone up. This has given employment to over 4 lakh youth. Over 70,000 people were given jobs by Samsung alone.Samsung is a world leader in technology today. India is using 40 crore smartphones, 32 crore people are using broadband technology. Internet data is available for cheap. Fibre network is reaching rural areas.This manufacturing unit is a point of pride for me, India, Uttar Pradesh and Samsung.This Rs 5,000cr deal will not only make Samsung’s business relations with India strong but also strengthen India’s ties with South Korea.”
Prime Minister Narendra Modi said, while jointly inaugurating with the President of the Republic of Korea, Mr. Moon Jae-in, a large mobile manufacturing facility of Samsung India Electronics Pvt. Ltd, at Noida.