Samsung Reaffirms Commitment to India with INR 1,588 Crore Investment to Set Up New Compressor Plant for Refrigerators; Signs MoU with Government of Tamil Nadu

Samsung, India’s most trusted consumer electronics and smartphones brand, today announced an investment of INR 1,588 crore in India to set up a new compressor manufacturing plant in Sriperumbudur, near Chennai.
 
The new facility, spread over 22 acres, will have a capacity to produce 8 million compressor units a year, which will be expanded in the future. Compressors produced at the plant will be used in refrigerators that Samsung manufactures in India and also be exported.