He claimed the plant was among the big projects, which had shifted to India post covid-19 outbreak in China. The project is expected to create nearly 1,500 jobs.
Display Noida was incorporated for the business of manufacturing, assembling, processing and sales of displays (including parts, components and accessories) for all types and sizes of electronic devices. Earlier, Samsung
India Electronics, the Indian unit of the electronics
major, had transferred a land parcel of 65,000 sq metres apart from granting a loan of Rs 3,500 crore to Samsung Display, according to the company’s regulatory filings before the Registrar of Companies
(RoC). “We are following up with all the other companies
and investors, who have proposed to invest in UP in different sectors,” Mahana told Business Standard.