Samsung's Noida plant was set up in 1996 and is the first of two manufacturing units in India.
Fernando Hierro steps down from Spain role
The 50-year-old has chose to turn down his former role, despite being still under contract with the Spanish FA (RFEF). Spain lead Group B in the opening round of the World Cup, beating Iran 1-0 and tying with both Portugal and Morocco.
Samsung's new facility will not only help in mobile manufacturing but also double its production capacity of consumer electronics like refrigerators and flat-panel televisions - which will further consolidate the company's leadership in these segments, according to the reports. The factory is located in Noida's sector-81.
PM Modi said India has around 120 mobile phone manufacturing units scattered around the country, and out of which 50 of them are present in Noida.
Samsung has been enjoying a feast in the smartphone market, especially in India, where it has the tag of highest selling mobile brand, after Xiaomi.
Trump NATO pressure paying dividends in Europe, US envoy says
The former Norwegian prime minister said there was no guarantee that the 29-member club of transatlantic defence and security would remain intact.
Prime Minister Modi speaking at the inaugural ceremony said that the new unit of Samsung will be a matter of pride for not just India but Uttar Pradesh and Noida.
Samsung has two manufacturing plants - in Noida and in Sriperumbudur, Tamil Nadu - five R&D centres, and one design centre in Noida, employing over 70,000 people and expanding its network to over 1.5 lakh retail outlets.
For delivering the customer's demand, Samsung now rolls out around 5 million units of smartphones which is going to be catapulted to 12 million a month.
Starbucks Announces Plans to Ban Single-Use Plastic Straws by 2020
The waste issue is coming up in company boardrooms, though Starbucks is taking the lead among global companies on straws. It's a plastic strawless lid that will come to replace single-use plastic straws that now inundate its coffee shops.
Although Samsung has taken a calculated step to expand its manufacturing facility in India, it may not bring smartphone prices down. More than 10 percent of its total production now takes place in India - but that figure could rise to 50 percent within the next three years if everything goes to plan. "The completion of the factory was made possible by the cooperation of the Indian government and the government of Uttar Pradesh", he said. A financing arrangement of $10 billion had been set by South Korea for infrastructure development in India, following the visit.