Samsung to increase investments in India’s 4G market
Samsung is reportedly keen to increase its investments in India’s slowly advancing 4G market, according to none other than Telecom Minister, Ravi Shankar Prasad. Only Aircel and Bharti Airtel currently have 4G network support in the country, while Reliance Jio is still working on setting up one of its own.
Prasad is presently on a 5-day visit to South Korea which will see him making a strong case for investors to pour their money into electronics manufacturing on these shores under the ‘Make In India’ campaign. Ever since the NDA government took over, the mood has been more hopeful across all fields of business.
Apart from Samsung, LG is also said to have hinted at its interest in 4G, all this due to the ‘changed investment climate’ in the nation. NDTV Gadgets which refers to PTI for the story, notes that the former company’s CEO Jong Kyun Shin, even praised Indian engineers for helping the mobile brand succeed so well on a worldwide scale.
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