Prime Minister Narendra Modi laid the foundation to develop a ‘tech zone’ as a nucleus of the Mobile Open Exchange Zone (MOX).
India was being recognized as a mobile phone manufacturing hub. As yesterday PM laid the foundation of India’s first Mobile Open Exchange Zone (MOX) at World Trade Center Noida, at a groundbreaking ceremony in Lucknow, the country had become the second largest mobile phone manufacturer in the world.
After PM Modi had inaugurated a 35-acre Samsung Electronics expanded the facility in Noida, this initiation by the Government saw the launch of 81 investment projects worth over Rs. 60,000 crores in Uttar Pradesh. This zone will be a dedicated ecosystem for the mobile industry that will provide an integrated platform to manufacturers, research and other allied industries.
There will be quite an investment as this place will attract reap huge benefits along with it, this will harness the potential of Greater Noida and will make it the preferred destination for electronics and mobile industry.