Problems with smartphone Galaxy Note7 not prevent Samsung to continue to develop the business, although clearly make their own adjustments. But investment in the Indian market situation is not affected. It is even possible, by contrast, accelerated the process.
According to the source, the Korean giant plans to double the production of its own smartphone in the country by 2019. For these purposes in a factory in Uttar Pradesh will be invested about $ 300 million.
The relevant resolution the company has already received. In particular, Samsung will receive an additional 130,000 m² of land for the construction of new facilities. Upon completion, the renovated plant will produce 12 million smartphones in the month. Also, it will create an additional 2,200 jobs. By the way, the expanded production capacity will be used for other purposes. For example, Samsung to ramp up production of refrigerators.
Let us recall at this point Samsung is the undisputed market leader in India’s smartphone.