A report from The Economic Times says that samsung is planning to move big chunk of its production unit to India.Samsung has already disclosed the plans to the Indian government under Production link Incentive(PLI).This incentive will allow them to produce phones worth over $40 billion (Rs 3 lakh crore) in the next five years in India.

The move may Help India Plug FTA Gaps
Government officials said Samsung’s move would also help plug a major loophole in India’s efforts to find ways to eschew cheap imports from the Association of Southeast Asian Nations (ASEAN) countries to India, owing to the Free Trade Agreement the country has with the trading block.

Samsung may shift a major part of its smartphone production to India from Vietnam.Vietnam is the world’s second-largest exporter of smartphones after China.The company runs its largest mobile phone manufacturing unit in the world in Noida, from where it also exports to other markets. The company currently makes roughly 50% of its phones in Vietnam, as per industry estimates.