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Manufacturing/Packaging??

Samsung India Electronics to put up $100M-fab in Chennai

Posted: 14 Nov 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Samsung? Samsung Electronics? color TV? LCD TV? LCD TVs?

Samsung India Electronics Pte Ltd will set up its second manufacturing complex in Sriperumbudur, Chennai to cater to the fast growing requirements of the company's consumer electronics products in the sub-continent. The project will cost approximately $100 million over a five-year period starting next year.

"The growing demand for our products in the southern India, the strong infrastructure available in the region coupled with its proximity to the port, and the Tamil Nadu government's investor friendly approach are the factors that prompted us to set up this complex in Chennai," said R. Zutshi, Dy managing director, Samsung India Electronics.

The memorandum of understanding with the government of Tamil Nadu in India indicates that the construction on the 324,000m? and in Sriperumbudur will begin in January 2007, with commercial operation expected to start in August of the same year.

In the first phase of the project, Samsung plans to set up manufacturing facilities for color TVs, color monitors, refrigerators, air conditioners, washing machines, printers and other technology products.

The facilities for color TVs and color monitors, to be set up in the first year, are expected to have an annual production capacity of 1.5 million units and 1 million units, respectively. The second phase of the project calls for enhanced production capacities for the products mentioned.

"We expect to manufacture our advanced LCD TVs and LCD monitors in this complex as well," said Zutshi. Samsung expects to employ 2,500 people after full implementation of the project.

"We are looking at the new facilities becoming a global manufacturing hub for Samsung and will be manufacturing products at this facility not only for the domestic market but for the export markets as well," said S. H. Oh, president and CEO, Samsung South West Asia Regional Head Quarters.

The existing 121,000?-manufacturing complex of Samsung at Noida, India has production facilities for color TVs, color monitors, refrigerators and washing machines.

The company's R&D operations at its Noida complex involve hardware or product customization, as well as software development which is being conducted at the Samsung India Software Center.




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