Kumari Palany & Co

Samsung commissions $75 million refrigerator plant near Chennai news

Posted on: 27/Nov/2010 7:43:52 AM
Samsung, the south Korean consumer electronics and domestic appliances , which commissioned a $75-million refrigerator plant near Chennai today, plans to make India its production hub for South Asia and the Middle East.

"All our future expansions will be at our Chennai plant. We will invest Rs350 crore in the Chennai plant and five years later, India may be the production hub for Middle East and other neighbouring markets." told J S Shin, president and CEO (South West Asia),