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Samsung India revenue in 2018-19 crosses 10 billion USD

Samsung India revenue in 2018-19 crosses 10 billion USD

Samsung India has a cell phone and consumer electronics company to reach $ 10 billion in incomes in the nation, as per the most recent administrative articulations made to the Registrar of Companies (RoC). The achievement comes when Samsung is going to complete its 25 years of business in India.

India’s revenue from the South Korean technology giant increased by 19.7% in fiscal 19 to Rs 73.085.9 crore.

The smartphone division of Samsung India has contributed greatly to general revenue, with cell phone sales of Rs 43,087 crore.

Samsung India has re-launched its increasing pace of general sales in India by propelling select cell phones and TVs online at forceful costs, deserting the edges to confront the Chinese challenge drove by Xiaomi, Oppo, Vivo, and OnePlus. In fiscal year 18, the offers of Samsung Electronics India grew by 10%.

Samsung entered the Indian market in 1995 and currently operates the largest mobile production unit in the world in its Noida facility. He has another factory in Tamil Nadu.

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