Samsung India is planning to invest around Rs 350 crore within a year to ramp up its electronics production capacity in India.
The proposed investment plan is in addition to its approximate amount of Rs 400 crore investment made for the mobile phone facility.
With this new investment plan, the company intends to make investment in production of flat panel TVs and washing machines.
In July 2013, the Department of Electronics and IT cleared a Samsung proposal of Rs 406 crore to invest in handset manufacturing.