Samsung mobile factory resumes operations in Noida | Mint
Active Stocks
Wed Feb 28 2024 15:59:21
  1. Tata Motors share price
  2. 957.75 -0.52%
  1. Tata Steel share price
  2. 140.75 -2.36%
  1. HDFC Bank share price
  2. 1,408.15 -0.87%
  1. Power Grid Corporation Of India share price
  2. 279.55 -4.43%
  1. ITC share price
  2. 408.60 -0.62%
Business News/ Companies / News/  Samsung mobile factory resumes operations in Noida
BackBack

Samsung mobile factory resumes operations in Noida

Other than Samsung, popular brands such as Vivo, Oppo, Realme and Lava have their manufacturing units in the state
  • Vivo and Oppo also claimed that they will resume 30% production from 8 May
  • Samsung Factory in Noida (ANI Photo)Premium
    Samsung Factory in Noida (ANI Photo)

    Samsung has started operating their factories in Noida, Uttar Pradesh and the company plans to gradually increase the workforce to 3000. The move came after the government allowed factories to operate with reduced workforce.

    Over 60% of the country’s mobile phone manufacturing units are situated in Uttar Pradesh. Other than Samsung, popular brands such as Vivo, Oppo, Realme and Lava have their manufacturing units in the state.

    Samsung started bringing a reduced number of workers in buses. According to ANI, the company has permission to resume work with 3000 workers. Other companies have also been contemplating to start production in the factories situated in Uttar Pradesh.

    Partha Ghosh, Head, Corporate Communications, Samsung Southwest Asia said, "We have received requisite permissions to restart production at our Noida factory. On Thursday, the factory started limited operations, which will be scaled up over a period of time. Employee safety and well-being remaining our absolute priority, we have ensured that all hygiene and social distancing measures are maintained at the premises, as per government guidelines."

    Since the logistics of getting raw materials is still problematic, a report by PTI claims that these companies will start working with the existing inventories and will further try to make arrangements to continue the manufacturing process. Vivo and Oppo also claimed that they will resume 30% production from 8 May.

    "In line with the directive issued by the authorities, Oppo would be operating with 30 per cent of its capacity, with around 3,000 employees working in rotation of its total over 10,000 workforce, starting May 8, 2020.

    "As the business gets back to usual in due course of time, the production will be enhanced to full capacity," Oppo said in a statement.

    Uttar Pradesh has announced that it will start manufacturing this week and since it maintains inventory for a couple of weeks, it does not see any challenge in maintaining the pace of production.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    Catch all the Corporate news and Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates & Live Business News.
    More Less
    Published: 08 May 2020, 10:29 AM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App