After Samsung, UP Govt Promises Land To Electronics Majors

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Enthused by Korean electronics major Samsunglaunching the world’s biggest mobile handset unit in Greater Noida, the Uttar Pradesh government has said it would help other consumer electronics companies seeking industrial land for their plants, reported Business Standard.

Samsung
Image for representational purpose only

While Chinese electronics companies such as Haierand Vivoare planning to set up their manufacturing units in Greater Noida, mobile phone component manufacturers are also scouting for suitable land for their respective factories in the region.

“We would provide all necessary support, including land to electronics manufacturing companies to set uptheir units in UP,” state industrial development minister Satish Mahana told Business Standard adding the government was already in the process of providing land to Haier and Vivo.

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“Greater Noida has emerged as a major hub for mobile phone manufacturing, since it is equipped with necessary logistics and infrastructure support for industry,” Xiaomo India head (online sales) Raghu Reddy said to BS.

The fact, he noted, that the company zeroed in on Greater Noida to host its component suppliers showed the confidence that the industry had reposed on the policies and development road-map of the incumbent Yogi Adityanathgovernment.

Reddy further claimed some component manufacturers suppliers were already scouting for land in Greater Noida for their Greenfield units, since India offered huge growth potential given the explosive growth of the mobile phone industry. Xiaomi runs six plants in India in partnership with Foxconn and Hipadin Andhra Pradesh, Tamil Nadu and Greater Noida.

Domestic handset maker Ziox Mobiles had also disclosed plans to invest about Rs 500 million in its greenfield plant in Noida.

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