Samsung Signs MoU With UP Govt

IAS Prelims 2023

Mobile phones company Samsung has signed MoU with UP state government for setting up a manufacturing unit in Uttar Pradesh.

Under the agreement, Samsung would be investing Rs 1,970 crore in the state.

A manufacturing plant would be set up in Noida and the company would also be making smartphones for the ambitious free Samajwadi Smartphone Scheme, announced by the Chief Minister.

The scheme would be rolled out next year after the state assembly polls, if the Samajwadi Party (SP) returns to power.

Under the scheme, free smartphones will be given to bona fide residents of Uttar Pradesh — individuals over 18 years and having a minimum educational qualification of matriculation (having passed Class 10).