&w=3840&q=100)
Samsung to expand manufacturing portfolio in India, says Ashwini Vaishnaw
Globally, Samsung has its second largest mobile phone manufacturing unit in India and it is the second largest exporter of the handsets from the country after Apple.
"Samsung continues to expand manufacturing of its advanced technology devices in Bharat, driven by talent and innovation. Its research unit in Bharat has more than 7,000 engineers," Vaishnaw said in a social media post.
The minister on X posted a photo of his meeting with Samsung Southwest Asia, President and CEO, JB Park and Samsung Southwest Asia, Corporate Vice President, SP Chun.
Earlier this year, Samsung Electronics President and Head of Mobile eXperience (MX) Business TM Roh had said the company is preparing for manufacturing laptops in India.
The company continues to make all smartphones that it sells in India including latest flagship smartphones Galaxy Z Fold7, priced in the range of Rs 1.74 lakh to Rs 2.11 lakh apiece and Galaxy Z Flip7 which is priced in the range of Rs 1.09 lakh to Rs 1.22 lakh apiece.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
36 minutes ago
- News18
Prabhas' The Raja Saab Producers Clarify Worker Dues Amid Legal Trouble: 'The Delay Occurred Due To…'
Last Updated: People Media Factory says Rs 1 crore is still due to Prabhas' The Raja Saab workers and will be paid directly to their bank accounts. Prabhas Movie The Raja Saab: People Media Factory (PMF) has issued a statement clarifying worker payment issues on the Prabhas-starrer The Raja Saab. The production house confirmed that approximately Rs 60 crore has been paid to daily wage workers over the past year, with around Rs 1 crore still pending from schedules in July. PMF addressed comments made by outsiders in a statement. 'People Media Factory has disbursed approximately Rs 60 crores over the past 12 months towards daily wage workers engaged in BTL/production activities. In addition, around Rs 1 crore remains payable in relation to schedules worked during July. This amount of Rs 60 crore does not include monthly contract associates who are on monthly remuneration across various crafts, which accounts for an additional Rs 30 crores. These contract associates' payments are fully current. Furthermore, this figure excludes the remunerations of key technicians, artists, vendors, VFX teams, and location-related expenses," the statement read. It continued, 'It is therefore both inaccurate and inappropriate for unrelated individuals or self-proclaimed federation/union leaders to make public statements regarding internal company payments. People Media Factory has no agreements or financial obligations with any federations/unions and consequently holds no dues to them." PMF confirmed that the remaining Rs 1 crore will be paid directly into workers' bank accounts this week. 'The delay has occurred due to the unavailability of workers over the past two weeks, due to the sudden strike, and as the next schedule did not commence. Taking into consideration the difficulties being faced by our persons who have worked for us, we have decided to make exception to the policy and make the payments this week," PMF said. The production house also introduced a new system to prevent delays. 'To ensure greater transparency and to eliminate past malpractices of routing payments through representatives, all payments will henceforth be made directly to workers into their bank accounts. PMF will not release funds to intermediaries under any circumstance," the note added. How Workers Can Claim Dues Workers from the July schedule are requested to submit accurate bank details and complete the enrolment process. Payments will be disbursed within the same week after verification by Executive Producers. PMF expressed appreciation for cooperation and promised a smooth resumption of work. Legal Trouble Behind the Scenes The Raja Saab recently faced a legal complaint from Ivy Entertainment in Delhi High Court. The production company was accused of contractual breaches, including failing to complete and release the film on time, providing production updates, and disclosing fund utilisation. The Raja Saab is touted to be a horror-comedy, marking a genre break for Prabhas after having featured in action or fantasy dramas in the past few years. The film features a Haveli that's unlike anything seen before in Indian cinema. This grand set, spanning 41,256 sq ft, is officially the largest horror set ever constructed in India. First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
NDTV
44 minutes ago
- NDTV
Paris Startup Lets Strangers Party At Your Wedding To Cover Costs
A wedding is one of the biggest milestones in a person's life, and though it is a memorable day, it comes at a cost that is too expensive for the majority. Now, a Paris-based startup has come up with an idea that may help couples manage their wedding finances. By selling tickets to weddings to strangers, the startup claims to help pay for the cost of the festivities. In return, the paying ticket-holders, who may not otherwise be invited to many weddings, could mingle with other guests and enjoy somebody's happy day. The idea for the startup came to Katia Lekarski, founder of Invitin, earlier this year while she was renting her home in south-eastern France to guests attending a wedding. Seeing the wedding guests, her daughter innocuously asked: "Why aren't we invited to weddings?" Ms Lekarski, a former fashion model who previously ran an online platform selling and distributing interior design goods for children, said the question from her daughter got her thinking. "I thought: what if we could pay for tickets to a wedding and help the couple getting married in that way?" she was quoted as saying by The Guardian. Strangers at wedding Now, Invitin lists several couples selling wedding tickets for Rs 15,353 (150 euros) to Rs 40,941 (400 euros) each, and plenty of eager guests are willing to pay. "I thought selling tickets to your wedding to strangers sounded interesting. I don't have a big family, so I don't get to go to lots of weddings. It's great to experience a wedding and different traditions, even if it's strangers. I'm keen to check out the decoration and music, and we'll be partying on the dancefloor," said Ms Lekarski. Jennifer, 48, and her partner, Paulo, 50, decided to avail Invitin's services as they planned their wedding. While 95 family members and friends will be attending the wedding, five paying strangers who have bought tickets will also come to witness the union." Both Jennifer and Paolo vetted the profiles of the strangers before giving them the nod to attend the wedding. "It's not only about the money, which is a drop on a hot stone in terms of the overall wedding cost. Although it will help a bit in terms of the cost of things like decoration and the dress. It's also because we thought it could be fun and we're extrovert and open to sharing things," said Jennifer.
News18
an hour ago
- News18
This UK Billionaire Matches Every Turban Colour With A Rolls-Royce
Reuben Singh is an Indian entrepreneur whose family moved to the UK in the 1970s. He is the founder of Isher Capital, a private equity firm. For many car lovers, owning at least one Rolls-Royce in their lifetime is the ultimate dream. While most people only fantasise about it, UK-based Indian-origin entrepreneur Reuben Singh has turned that dream into reality in the most extravagant way possible. Singh is the proud owner of 15 Rolls-Royces, along with several other rare supercars, making his garage one of the most talked-about in the world. Reuben Singh is an entrepreneur of Indian origin whose family moved to the UK in the 1970s. He is the founder of Isher Capital, a private equity firm and AlldayPA, a customer service outsourcing company. Known as the 'British Bill Gates" in some circles, Singh has built a strong business empire overseas. Beyond business, he also calls himself a proud British Sikh and believes his faith gives him strength in both life and work. The Rolls-Royce Obsession Singh first gained worldwide attention when photos of him posing with his Rolls-Royce cars, wearing turbans that matched the car colours, went viral on the internet. His unique style made him a symbol of luxury, confidence and cultural pride. According to reports, Singh gifted himself five Rolls-Royces on Diwali, adding to his already impressive collection. With this, the total number of Rolls-Royces he owns has reached 15. While details about the specific models and customisations are not fully known, it is clear that Singh enjoys showcasing his love for the brand. Beyond Rolls-Royce: A Garage of Supercars Although Rolls-Royce remains his trademark luxury, Singh's garage features several other high-performance cars. He owns a Lamborghini Huracán worth over Rs 3.22 crore, a rare Bugatti Veyron starting at Rs 12.95 crore and a Ferrari F12 Berlinetta. His collection also includes the Porsche 918 Spyder and the Pagani Huayra, both considered rare gems in the supercar world. This multi-billion-dollar garage has made Singh a figure of fascination not just among car enthusiasts but also in popular culture. Turban as a Power Statement Apart from his cars, Singh is admired for how he ties his personal identity to his lifestyle. His choice of matching turban colours with his Rolls-Royces is seen as a proud statement of his Sikh heritage. For him, the turban is not just tradition but also a symbol of power, pride and individuality. In a world where luxury is often flaunted, Reuben Singh has carved a niche for himself by blending business success, cultural pride and a one-of-a-kind garage. For car enthusiasts, his story is the ultimate flex of passion meeting achievement. About the Author Buzz Staff A team of writers at bring you stories on what's creating the buzz on the Internet while exploring science, cricket, tech, gender, Bollywood, and culture. Click here to add News18 as your preferred news source on Google, News18's viral page features trending stories, videos, and memes, covering quirky incidents, social media buzz from india and around the world, Also Download the News18 App to stay updated! view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
