Samsung to make printers in India, launch new products

Samsung India Electronics is planning to manufacture printers at its second facility in Sriperumbudur near Chennai. “The first phase of the facility will be operational in August. We will start manufacturing printers during the second phase, which is expected to start in 2008,” said R Zutshi, deputy managing director of Samsung India. Addressing a press meet at the launch of its advanced series of split air conditioners, he said the capacity of the new facility would be 2.5 times more than its first plant in Noida. “The capacity increase will also help us augment our export turnover. We are targeting SAARC countries especially Bangladesh and Sri Lanka. Our export turnover from India is Rs 200 crore,” he said. In the first phase, the facility will have a capacity to manufacture 1.5 million colour TVs and 1 million colour monitors.

Courtesy: EconomicTimes
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