Samsung Heir in India, Likely to Meet PM Narendra Modi and Mukesh Ambani: Report

Samsung Heir in India, Likely to Meet PM Narendra Modi and Mukesh Ambani: Report

HIGHLIGHTS
  • Samsung Electronics Vice Chairman Lee Jae-yong is currently in India
  • Lee arrived in India on Sunday and was briefed by Samsung officials
  • It is believed to be Lee’s first visit to India since March

Samsung Electronics Vice Chairman Lee Jae-yong is currently in India, provoking speculation that the South Korean tech giant may make further investments to expand its presence in the country, industry sources said on Monday.

Lee is likely to meet Prime Minister Narendra Modi and Reliance Industries Chairman Mukesh Ambani this week, reports Yonhap news agency.

Lee arrived in India on Sunday and was briefed by Samsung Electronics officials here. It is believed to be Lee’s first visit to India since March.

Samsung is one of the equipment suppliers for Reliance Jio’s 4G network business

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