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Samsung to Build a TV Assembly Plant in Nepal, Start in 2023

Samsung, one of the world’s leading consumer electronics and smartphone brands, has announced a partnership with Him Electronics, its long-time partner to start a TV assembly plant in Nepal (Nawalparasi district). The plant will start production in 2023.

Him Electronics is the subsidiary of Golchha Group which will now together with Samsung start TV manufacturing in Nepal.

A function with traditional rituals was held on Wednesday, August 24th to announce the factory’s foundation. The Hon’ble Minister for Industries, Commerce & Supplies, Shri Dilendra Prasad Badu, and Samsung Electronics Global President & Chief Financial Officer, Mr. HK Park graced the occasion with their presence.

Similarly, there was Shri Ajay Shahi, Hon’ble Minister for Industries, Commerce & Supplies of Lumbini Province, Mr. Shekhar Golchha, Chairman & MD, Golchha Group, Mr. Ken Kang, Regional President & CEO, Samsung Southwest Asia, Mr. Park Chong-Suk, Ambassador of the Republic of Korea to Nepal, Chief District officer of Ramgram municipality Mr. Shrawan Kumar Pokharel along with many other local dignitaries.

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Samsung’s commitment to the people of Nepal …

Expressing his delight, Mr. Ken Kang, Regional President & CEO, Samsung Southwest Asia, said, “The new LED television factory in Nawalparasi with our longstanding partner Him Electronics is a testimony to our continuing commitment to the people of Nepal and the consumers’ ever-growing trust and love for Samsung products. We also thank the Nepal Government and local authorities for their vision and continued support.”

Samsung TV Assembly Plant in Nepal
From Samsung’s TV plant announcement function in Nawalparasi
In the picture: Mr. HK Park, Mr. Shri Ajay Shah, Mr. Shekhar Golchha, Mr. Ken Kang, Mr. Park Chong-Suk, Mr. Shrawan Kumar Pokharel, and others

Likewise, Mr. Shekhar Golchha, Chairman & MD, of Golchha Group shared his own enthusiasm. He said, “This new factory will prove to be a milestone for Nepal. Establishing the factory will help in expanding the economy of the nation and raise the country’s output and skill levels, making it a more competitive nation in the global market. This is the result of our 22-year-long collaboration with Samsung,”

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The Samsung TV assembly plant in Nepal is a landmark in the manufacturing journey

Samsung says its manufacturing facility in Nawalparasi will be a milestone event in Nepal’s manufacturing journey and has the potential to transform the electronics space with local enterprise, skills, innovations, and jobs. The plant will also help increase efficiency and productivity, create more job opportunities and develop a stronger electronics manufacturing ecosystem in Nepal.

The assembly plant will start production next year in 2023.

Samsung Electronics has been in Nepal since 1997 and has become a household name in the country. The company sells consumer electronics goods such as TVs, smartphones, refrigerators, washing machines, microwaves, etc. via its partner.

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The company boasts a strong network of 500 electronics retail stores and customer service centers throughout Nepal.

What is your opinion of the growing manufacturing ecosystem in Nepal? Do share your opinion in the comments below.

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