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Changing Tides: Samsung Electronics plans to start making laptops in India from next month

News Snapshot:

Samsung Electronics is gearing up to commence laptop production in India in the coming month, according to sources familiar with the matter. This move aligns with the Indian government’s fervent efforts to promote domestic manufacturing by offering financial incentives, tax benefits, and import regulations. The company’s expansive Greater Noida factory, primarily dedicated to mobile phone production, has recently undergone expansion to accommodate a new laptop manufacturing unit with an anticipated annual capacity ranging from 60,000 to 70,000 units, as per a report by the Mint. Although this number is tiny compared to what Dell, Lenovo and HP are making in…

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