Source :-Moneycontrol
Samsung has reached a big milestone in its journey in India by launching a new strategic vision called “Powering Innovation for India.” The company has been doing business in India for 30 years, and now it has a big plan for the next phase of growth that focuses on people-centered innovation, Indian talent, and product development driven by India.
The announcement shows that Samsung wants to strengthen its long-term ties with India. The company has become one of the most important players in India’s technology scene over the years. It has supported national goals, improved manufacturing capabilities, and helped create an economy that is driven by innovation. Samsung is now positioning itself as a partner in India’s future, not just a technology provider.
In 1995, during a time of economic liberalization, Samsung came to India. It started out selling televisions and then slowly added more products to its lineup. Today, it makes smartphones, home appliances, TVs, wearables, and a lot of other connected technologies. Samsung’s manufacturing strength is a key part of its story in India. Noida is home to one of the world’s largest mobile phone factories, which is a key part of global supply chains. Samsung sells a lot of the new products and technologies that were created and made in India to customers all over the world. This shows that the company trusts the country’s technical skills and abilities.
Powering Innovation for India as It Celebrates 30 Years in the Country
The new strategic direction Powering Innovation for India wants to build on this base. Samsung has said that its next phase in India will be marked by more money going into research and development, better working together with the local ecosystem, and giving Indian engineers and innovators more power. The company wants to get more help from India with its global design and development work, especially in smartphones, AI, IoT, and smart home solutions. Samsung wants India to not only benefit from new technology, but also help shape it.
JB Park, President and CEO of Samsung Southwest Asia, talked about the milestone and how the company’s journey has changed along with India’s own. He said that Samsung’s first TV sale in India in 1995 marked the start of a new era in which India’s hopes and creativity grew. Samsung is one of the most trusted tech brands in the country today. Park talked about how the brand has built a strong emotional bond with Indian families who use Samsung products every day. He said that Samsung’s strong ties to India are due to the energy and ambition of its people, which continue to motivate the company to stay in the market.
Park also talked about how proud Samsung is to help India reach its national goals. Samsung has joined programs like Digital India and Make in India by putting money into manufacturing, hiring local engineers, and developing new products. The Noida factory is a symbol of this partnership, showing how global companies can use India’s skills to make world-class technology for customers in India and around the world. Samsung has also been working harder to train and develop talent. Its research centers in Bengaluru and Noida have become important centers of innovation.
Samsung is about to start a new chapter called “Powering Innovation for India.” This chapter will be all about making technology for an Indian society that is changing quickly and becoming more digital. The company wants to help the next generation reach their goals, make life better through meaningful innovation, and make India a stronger leader in technology around the world. Samsung wants to make the world a better place by putting people and new ideas at the center of its business. In the future, it hopes that products made in India and ideas led by Indians will shape its strategy around the world.
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