Samsung transfers display manufacturing unit to Noida from China
By MYBRANDBOOK
A delegation of Samsung led by CEO Ken Kang (India and South-West Asia) met UP CM and apprised him of the company’s business activities in the state. UP CM, Yogi Adityanath has assured the Samsung delegation all help in carrying out business activities in the state.
Industrial development commissioner Sanjeev Mittal, Additional Chief Secretary Arvind Kumar and Senior Vice President of Samsung (India and South-West Asia) Manu Kapoor were also present.
An official release by the state government said, Adityanath said investors and companies of the country and from abroad were enthusiastic about setting up industries in the state. The delegation told Yogi that its Noida-based unit had emerged as the biggest mobile manufacturing and exporting unit in the country due to the Centre’s production-linked incentive policy.
It may be pointed out that Samsung has relocated its display manufacturing unit from China to India after the Covid-19 pandemic. The unit has been relocated to Noida. The Samsung delegation appreciated the state government’s decision to allow business activity even during the corona curfew period. The delegates also appreciated the state government’s efforts to fight the second wave of the pandemic.
Samsung had donated one million US dollars to the state government during the pandemic along with oxygen concentrators, oxygen cylinders and syringes.
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