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Samsung May Set up a Battery Manufacturing Plant in India

[New Delhi] Samsung is studying the feasibility of setting up a manufacturing plant in India
A delegation of senior executives of Samsung SDI led by the President and CEO of Samsung SDI Shri Sangjin Park met the Minister for Communications and Information Technology Shri Ravi Shankar Prasad today.
The CEO had met the Minister last month at Seoul where the Minister had shared with him the Digital India vision of the Prime Minister, the great potential that India has in the field of electronic manufacturing and the changed business environment in India.
The Minister and CEO discussed the great opportunity Indian markets offer for companies like Samsung.
The Minister shared with the CEO that Indian consumers have become quality conscious and Samsung which is globally known for its quality can tap this growing quest for quality products among consumers.
This coupled with the conducive business environment created by this government and the ambitious Digital India program makes a case for Samsung to expand its manufacturing capacities in India.
. Samsung SDI, which is world’s leading company in energy storage solutions and offers diverse products ranging from mobile phone batteries+automotive batteries + other smart energy storage solutions, is very optimistic about Indian markets and the positive changes in business environment.