Narendra Modi was speaking at the inauguration of Samsung’s largest mobile manufacturing plant in the world in Noida.
This plant is expected to create 2,000 new jobs in the country in the next few years. Narendra Modi said that India is fast emerging as a global manufacturing hub and has already become the world’s second-largest mobile phone producer.
Modi was addressing the inauguration of Samsung’s largest mobile manufacturing plant in the world in Noida. With an investment of $726.74 Mn (INR 5000 Cr), this plant is also touted to be the world’s largest owned by any handset brand. Today is an important day in making India a global hub of manufacturing. Our push for Make in India is not just part of our economic policy but a commitment for bilateral ties with countries like South Korea,” said Modi.
He also emphasised that India’s growing economic strength and expanding neo middle class offers unlimited scope for investments.