Samsung Electronics has unveiled what it calls the world's biggest mobile phone manufacturing plant in India. Prime minister of India Shri Narendra Modi presided over the inauguration of the factory in Noida, Uttar Pradesh, on Monday.

Samsung India also launched its "Make for the World" initiative, whereby it aims to export handsets produced in India to overseas markets, according to the company.

With this new facility, Samsung will double its current capacity for mobile phones in Noida from 68 million units a year to 120 million units a year, in a phase-wise expansion that will be completed by 2020.

Samsung said it has been manufacturing mobile phones in India since 2007, claiming it is the "only brand that is truly made in India."

"Our Noida factory, the world's largest mobile factory, is a symbol of Samsung's strong commitment to India, and a shining example of the success of the government's 'Make in India' programme. Samsung is a long-term partner of India. We 'Make in India', 'Make for India' and now, we will 'Make for the World'. We are aligned with government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones," HC Hong, CEO of Samsung India, said.

The Noida factory, which was set up in 1996, is one of the first global electronics manufacturing facilities set up in India. A bigger manufacturing plant, spread over 129,000 square meters, will help Samsung meet the growing demand for its innovative products and services across the country and also fulfil the company's goal of making India an export hub for the world.

Samsung said it continues to provide cutting edge technology and enriching experiences to Indian consumers with its mobile phones made at the Noida plant, supported by a large ecosystem of suppliers in the Delhi-National Capital Region and partners across the country. All Samsung mobile phones, including the flagship Galaxy S9, S9+ and Galaxy Note8, are made at the Noida plant.