Noida, June 28: Samsung, the world’s largest electronics manufacturing company, has shifted its display manufacturing unit in Noida from China. This is being considered as a major boost to the Make in India initiative. The company itself has confirmed the transfer through a press release. Samsung’s latest move will be another addition to the ‘Make in India’ program which emphasizes manufacturing products on Indian soil.
Electronics major Samsung has completed the construction of the display manufacturing unit in Noida, Uttar Pradesh. A Samsung delegation led by the company’s Southwest Asia President and CEO Ken Kang called upon Uttar Pradesh Chief Minister Yogi Adityanath on Sunday.
An official release said that the delegation noted that due to a better industrial environment and investor-friendly policies, Samsung decided to set up a display manufacturing unit in Noida, which was located in China, and the task of setting up is completed.