South Korean electronics major Samsung Electronics will invest ₹1,000 crores in its facility in Tamil Nadu’s Sriperumbudur. The announcement comes just months after Samsung’s plant faced employee protests following a wave of suspensions.
Following the strike, the electronics manufacturer agreed to address several of the workers’ demands.
TRB Rajaa, Minister for Industries, Investment Promotion and Commerce, took to X to share the investment news.
“The company’s additional investment reinforces their faith in the labour force of Tamil Nadu,” he wrote. He also said Samsung would create 100 additional jobs at the facility. However, the minister did not give details about the time frame of the investment.
Samsung's Sriperumbudur facility accounted for a fifth of Samsung India's $12 billion sales in 2022-2023. The facility makes refrigerators, washing machines, and televisions.
The Sriperumbudur facility has seen repeated flashpoints between workers and management, with employees accusing the company of union-busting tactics.
In February, a sit-in protest was staged, marking the second major labour dispute at the facility within six months. In September last year, hundreds of workers at Samsung’s Sriperumbudur unit staged a five-week protest, demanding higher wages and recognition of their union.
Samsung, however, has denied the allegations, stating that it is “compliant with all applicable laws”. The company currently employs more than 2,000 workers.
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