Samsung says to invest $296 mln to expand India plant

Last Updated: Tue, Oct 18, 2016 10:40 hrs

MUMBAI, Oct 18 (Reuters) - Samsung Electronics Co Ltd will invest 19.7 billion rupees ($295.83 million) to expand its plant in northern India, the company said in a statement.

The plant in Noida, near the Indian capital New Delhi, makes mobile phones, refrigerators and televisions. ($1 = 66.5919 Indian rupees) (Reporting by Devidutta Tripathy; Editing by Subhranshu Sahu)

More from Sify: