ibusinesslines.com
ibusinesslines.com November 21, 2018


Samsung’s new India phone factory is ‘world’s largest’

09 July 2018, 05:24 | Jodi Jackson

Samsung’s new India phone factory is ‘world’s largest’

Samsung’s new India phone factory is ‘world’s largest’

Noting that the factory would not only generate more jobs but also make India a global export hub, Modi said, "India is now second in terms of phone manufacturing".

The South Korean President along with Prime Minister Modi will visit the Gandhi Smriti on Monday. A South Korean recognition of India as "Native English Speaking" opens up an E2 visa for. This is President's Moon first visit to India.

PM Modi also reflected on the benefits of the GeM (Government e-Market), saying that the scheme has helped the government to purchase produces directly from the producers, thereby profiting the small and medium entrepreneurs.

During their visit, the two leaders listened to a few of Mahatma Gandhi's favourite bhajans sung by classical singer Vidya Shah.The South Korean President is on a three-day visit to India, having arrived in New Delhi on Sunday evening.

Modi visited South Korea in May 2015 during which the bilateral partnership was elevated to a special strategic partnership.

"This is a significant departure from Korea's traditional foreign policy", the article noted, adding that, "It is partly a hedging strategy amid the US-China tug-of-war in the region, and partly a forward-looking move to address how Korea and India can together meet the demands of a dynamic future".


Uttar Pradesh Chief Minister Adityanath said India and South Korea have a strong trade and cultural relationship and invited new ventures to invest in the state.

Moon's schedule in India includes official talks with Modi which will take place on Tuesday, according to a schedule put out by the Indian foreign ministry. Republic of Korea is a valued partner.

Mahavir Phogat said it gave him huge joy "that the film is also becoming a medium to further strengthen relations between the two countries". India attracted the highest ever foreign direct investment in the past year with inflows totalling $62 billion.

"Posco was certainly an unhappy experience". The two sides were looking at defence hardware procurement and manufacture, Prakash said pointing to India looking at minesweepers for the Indian navy.

While Modi's "Make in India" campaign is still a long way from delivering on ambitious job promises, the program has had some success with the phased manufacturing of mobile devices and components.



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