From bit player to global behemoth, the Samsung parade rolls on

Even 18 years later, Venugopal Dhoot can’t help break into a wide smile while recounting Samsung’s entry into India. It was December 1995. Samsung—then a name hardly recognised in the world—came into India via a 51-49 joint venture with Dhoot’s Videocon Industries. That’s when Samsung’s then chairman made a startling announcement: by 2010 the Korean firm would be the No. 1 electronics and appliances company in India.

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