Samsung to invest Rs 1,970 crore for new manufacturing unit in UP
Tuesday, October 18, 2016 IST
An memorandum of understanding (MoU) was marked on Monday between the state government and cell phones major Samsung for setting up an assembling unit in Uttar Pradesh.
The MoU was marked within the sight of Chief Minister Akhilesh Yadav and senior Samsung authorities. Under the assention, Samsung would put Rs 1,970 crore in the state.
An assembling plant would be set up in Noida and the organization would likewise be making cell phones for the goal-oriented free Samajwadi Smartphone Scheme, reported by the Chief Minister. The plan would be taken off one year from now after the state get together surveys, if the Samajwadi Party (SP) comes back to control.
Under the plan, free cell phones will be given to real occupants of Uttar Pradesh - people more than 18 years and having a base instructive capability of registration (having passed Class 10).
Saying thanks to the Samsung administration for choosing to make such a major interest in the express, the Chief Minister said the organization had earned a name for itself over the world for its reality class items. He included that creation of iceboxes, TVs and versatile sets would come as a major help for the general population of the state.
Akhilesh Yadav promote said that he was glad that Samsung had not just comprehended the wide market capability of the state yet had likewise approached to contribute here as an aftereffect of the financial specialist benevolent strategies of the state government.
Related Topics
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 64K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 10K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 9K views . 7 min read
True – Tr...
Recently posted . 8K views . 83 min read
More in National
On September 20 last year, the Supreme Court had said only Advocates-on-Record or AoRs can mention cases for out-of-turn listing and urgent hearing. Advocates-on-Re...
Recently posted. 749 views . 1 min read
The bridge collapse, on the busy Dadabhai Naoroji Road, was the third in less than 18 months in the maximum city.
Recently posted. 788 views . 0 min read
Sana Iqbal, a woman biker from Hyderabad who hit headlines in 2015 for her solo bike ride across India to spread awareness about depression, died in a car accident ...
Recently posted. 1K views . 5 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 4K views . 126 min read
Recently posted . 3K views . 52 min read
The Hazrat Nizamuddin metro station, which is a part of the 9.7 km long Lajpat Nagar-Mayur Vihar section is likely to become operational soon. The metro station wil...
Recently posted. 1K views . 1 min read
The GST Council has introduced a new return system for taxpayers in its 31st meeting.
Recently posted. 981 views . 0 min read