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Samsung India to expand Chennai facility at 
350 Crore
Thursday, 04 November 2010, 01:26 IST
Chennai: The Indian subsidiary of South Korean electronics major Samsung will expand its facility near Chennai to make mobile phones and accessories, consumer electronics and information technology hardware at an outlay of 
350 crore.
For this, Samsung India Electronics signed a memorandum of understanding (MoU) with the Tamil Nadu government Wednesday.
According to state government officials, the company had in 2006 signed a MoU to invest 450 crore to make consumer durables like washing machines, air conditioners and colour televisions.
The company has sought additional tax concessions for the fresh investment.
Source: IANS
350 crore.
For this, Samsung India Electronics signed a memorandum of understanding (MoU) with the Tamil Nadu government Wednesday.
According to state government officials, the company had in 2006 signed a MoU to invest 450 crore to make consumer durables like washing machines, air conditioners and colour televisions.
The company has sought additional tax concessions for the fresh investment.
Source: IANS