Underscoring importance of India as a strategic partner for Samsung, the South Korean giant's vice chairman Jay Y Lee met Prime Minister Narendra Modi in New Delhi on September 16 and reiterated Samsung’s long-term commitment to the people of India as a strategic partner.
As Samsung continues to view India as its strategic partner, the ultimate goal for the company, as explained by Lee, is to be not just a foreign investor but extend its role as a local business in the country where it will work with local communities.
Other than initiatives of local manufacturing in India, Samsung also reiterated its commitment to Make for India - an initiative to create local innovations for Indian consumers.
The meeting took place amidst the global controversy over Samsung's explosion-prone Galaxy Note 7 phones, which also face a ban in India.
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