New Delhi: Samsung Electronics has dominated out itemizing its India enterprise for now, opting as an alternative to deal with accelerating synthetic intelligence adoption throughout merchandise and increasing its shopper finance arm to drive gross sales in a key progress market.
JB Park, President and CEO of Samsung Southwest Asia, stated the corporate plans to deepen its manufacturing footprint in India and has utilized below the production-linked incentive (PLI) scheme for elements to fabricate cell phone shows regionally. Samsung operates its largest smartphone manufacturing facility globally in Noida, which has emerged as a significant export hub.
Requested a few potential Preliminary Public Providing (IPO), Park stated there have been “no such plans as of now,” including that Samsung prefers inside progress over market-funded enlargement, not like some South Korean friends which have tapped Indian capital markets.
Park stated Samsung stays adequately funded for its progress plans, noting that capital wants will be met via institutional borrowings or company bonds. “IPO shouldn’t be the plan for Samsung,” Park stated.
A key pillar of progress is Samsung’s shopper finance programme, Finance+, which presently provides interest-free EMIs on smartphones and is being prolonged to televisions and washing machines.
Over 40 per cent of smartphones are offered via the scheme, which is rising about 10 per cent yearly and is seen as a significant driver in rural markets in north and northeast India.
AI shall be central to Samsung’s future merchandise, Park stated, with new AI-powered home equipment and TV improvements to be showcased at CES 2026 in Las Vegas.
He added that Samsung employs over 10,000 engineers throughout three R&D centres and a design centre in India, supporting each native and world innovation.
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