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Samsung opens largest plant in India

AFP NEW DELHI (AFP-Jiji) — Samsung opened the world’s largest smartphone factory in India on Monday, a move Prime Minister Narendra Modi said would help transform Asia’s third-largest economy into a global manufacturing hub.

Modi and South Korean President Moon Jae In inaugurated the giant assembling plant — an expansion of an existing Samsung facility — in the city of Noida on the outskirts of New Delhi.

“The Noida plant has now become Samsung’s largest smartphone manufacturing unit,” Moon said, as the company announced that it planned to eventually manufacture 120 million smartphones a year at the factory.

The decision by Samsung comes at a critical time for the South Korean electronics giant, which is facing a tough battle from Chinese competitors for the control of India’s massive smartphone market.

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