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Samsung to invest Rs 1,970 crore in UP

IANS  |  Lucknow 

An MoU was signed on Monday between the government and mobile major to expand its manufacturing unit in by investing Rs 1,970 crore, officials said.

The agreement was signed in the presence of Chief Minister Akhilesh Yadav and officials.

The Chief Minister said the production of refrigerators, televisions and mobile phones in the state would be a big boon for its people.

Chief Secretary Rahul Bhatnagar said the expansion of the manufacturing plant would allow to double its production of mobile phones.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 17 2016. 19:56 IST