SAMSUNG TO GALVANIZE INDIAN PRODUCTION LINES WITH ICONIC SMARTPHONES

• Samsung is underway with plans to shift a major part of its smartphone production to India from Vietnam and other countries.
• The South Korean electronics firm is in penultimate stages to manufacture devices worth over $40 billion (Rs. 3 lakh crore) in the country.

Samsung is most likely to enhance its production lines for making smartphones to India under the PLI (Production Linked Incentive) scheme....