Saturday, 24 November 2012

Samsung Electronics invest Rs 350 cr in India by 2015

Samsung Electronics (Samsung), a South Korean electronics giant plans to boost its presence in Indian soil as it plans to make an additional investment of Rs 350 crore in manufacturing and research and development (RD) in India by 2015. Samsung has so far invested $400 million (Rs 2,200 crore) in India. The company expects to close the current year with a 25% growth. The company had sales of around Rs 20,000 crore in last year i.e. FY 2011.
The company is market leader in flat panel

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