Samsung plans to invest Rs 400 crore at its Tamil Nadu Facility

Samsung plans to invest Rs 400 crore to start manufacturing 5G and 4G radio equipment at its facility in Tamil Nadu, an official aware of the plan told ET.

Samsung is the latest global gear maker to come on board the government’s telecom equipment production-linked incentive (PLI) scheme and this will be its first such investment into telecom gear manufacturing in India, joining global peers Nokia and Jabil (Ericsson) in making 5G equipment locally.