South Korean giant Samsung to invest ₹1,000 crore in Tamil Nadu plant

South Korean electronics major Samsung Electronics will invest ₹1,000 crore in its facility in Tamil Nadu’s Sriperumbudur, according to state Industries Minister TRB Rajaa.

According to a Reuters report, the announcement comes just months after Samsung’s plant faced employee protests following a wave of suspensions. A sit-in protest was staged in February, marking the second major labour dispute at the facility within six months.