Samsung has planned to invest Rs 2,500 crore more for its components manufacturing business in India. The South Korean firm has set up two new manufacturing units in India for the production of mobile phone display and batteries.
Samsung’s VC arm is also setting up operations in India to fund startups in electronic hardware or software businesses. Its Rs 1,500 crore plant for manufacturing phone display in Noida will also be operational by next year. (Source)
