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By Saradha | Jun 22, 2020 02:33 PM

South Korean Electronics Giant recently made an announcement that the company will open a new smartphone display plant in Uttar Pradesh’s Noida. The plant will be similar to the one in China.

Employment: Samsung creates 1300 New Jobs in Noida, UP!

Samsung is planning to invest Rs 5400 crores on the project. It will be creating a state of art production house for smartphone display. The company has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh government. This will be creating 1300 new jobs and the plant will be operational by 2021.

The letter by Invest India to UP Govt said, “We are submitting our recommendations to incentivise setup of HiTech industries in Uttar Pradesh and facilitate a key investor – Samsung Display in relocating its operations to India.”

Deccan Herald reported that "Samsung could benefit from higher capital incentives on the overall investment over a 20-year-period, including reimbursement of spending on IT infrastructure.”

Satish Mahana, Uttar Pradesh’s minister for industrial development has told the media that the Govt is considering the request for tax rebates by Samsung, and the final decision will be taken soon.

அரசியல், விளையாட்டு, நாட்டுநடப்பு, குற்ற சம்பவங்கள், வர்த்தகம், தொழில்நுட்பம், சினிமா, வாழ்க்கை முறை என பலதரப்பட்ட சுவாரஸ்யமான செய்திகளை தமிழில் படிக்க இங்கு கிளிக் செய்யவும்      



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