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Article: INDIA: Construction start-up on planned $100,000,000 television and monitor plant is tentatively scheduled to begin in January 2007, SAMSUNG INDIA ELECTRONICS PVT LTD. [India/South Korea] Order #: 122206.
- Article from:
- WWP-Business Opportunities in Asia & the Pacific
- Article date:
- December 1, 2006
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PROJECT OVERVIEW:
Fast growing demand for consumer electronics products has prompted the local SAMSUNG INDIA ELECTRONICS PVT LTD., a subsidiary of South Korea-based SAMSUNG ELECTRONICS CO. LTD. (SEC), to sign a memorandum of understanding (MOU) with the government of Tamil Nadu in order to build its second manufacturing complex in Sriperumbudur, Chennai, South Eastern India.
Under the terms of the MOU, SAMSUNG is planning to build a new television and monitor plant. In the first phase, the company intends to set up manufacturing facilities for colour televisions, colour monitors, refrigerators, air conditioners, washing machines, printers and other ...