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
The Central Board of Indirect Taxes and Customs (CBIC) has formed an SOP for dealing with defaults on GST payments.
Recently posted. 924 views . 1 min read
After decades of building American embassies that look brutalist or bland, like obvious fortresses, the soon-to-be opened chancery in London is a crystalline cube...
Recently posted. 971 views . 4 min read
Valued at USD 26.3 billion, Accenture took the title of the world's most-valued IT services brand. The tag was previously held by IBM, which now occupied the se...
Recently posted. 951 views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 4K views . 34 min read
Recently posted . 3K views . 88 min read
HIGHLIGHTS
• The move is part of a broader plan by the government to increa...
Recently posted. 816 views . 4 min read
Law and Information Technology minister Ravi Shankar Prasad said the government is committed to the freedom of press as well as maintaining security and sanctity of...
Recently posted. 1K views . 1 min read