The new Samsung factory will have the capacity to fabricate 120 million smartphones per year, and make everything from low-end smartphones that cost under $100 to the company's flagship S9 model.
South Korean President Moon Jae was also present at the inauguration
The unit will have a capacity of fabricating 120 million phones a year
Already 40 crore Indians own smartphones, said PM Modi
: The world's biggest mobile factory was launched in Noida near Delhi 
by Prime Minister Narendra Modi and South Korean President Moon Jae-in. The unit will have a capacity of fabricating 120 million phones a year -- ranging from low-end smartphones that cost under $100 to the company's flagship S9 model. It will build 10 million phones a month, 70 per cent of which will be earmarked for domestic usage.
Already 40 crore Indians own smartphones, 32 crore people use broadband, the Prime Minister said in his address at the event. The 30 per cent phones for export will help place the country in the Global market, he added.
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