Samsung and Sony have announced plans for setting up manufacturing bases in India as a part of the Make in India initiative, reports Trak.in. The report mentions that Samsung is currently in talks with the UP government for the same. Samsung will reportedly invest as much as $500 million to $1 billion in the manufacturing unit that will produce smartphones and tablets for the company. Tamil Nadu and Gujarat are the other states the company considered for the plant. The company currently has two factories, in Noida and in Tamil Nadu, where it claims to manufacture 90% of the gadgets it sells in India. We have mailed Samsung and Sony for further details, and will update when we get a response. Note that in January, Samsung had revealed that it had invested Rs 517 crore towards the expansion of its mobile…
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