LG electronics India Ltd would invest Rs 55 crore (Rs 550 million) in plant and machinery and product development in the country, which would include manufacturing front-loading washing machines.
LG Electronics India (Pvt) Ltd would start manufacturing CDMA mobile handsets at its Pune facility in keeping with its plan to make India a manufacturing and export hub.
After clocking $100 million in exports in 2005, LG Electronics India, on Wednesday said it would focus on developing India as a major hub for its exports to Africa, Middle East,
Korean electronics major LG Electronics said it plans to invest Rs 100 crore (Rs 1 billion) in India in the current calendar year, and also come out with an initial public offering for which no timeframe has been set.
With cricket fever setting in, LG Electronics India private Ltd has set a sales target of Rs 1200 crore (Rs 12 billion) during the Pakistan team's tour to India and signed Pakistan captain Inzamam-Ul-Haq as its brand ambassador.\n\n
In order to meet its turnover target of Rs 9,000 crore (Rs 90 billion) this year, LG Electronics India Private Ltd is incorporating advertising in films, besides signing film star Zayed Khan.
Korean major LG Electronics hopes to launch its notebook computers in India at attractive prices in anticipation of a further cut in import tariffs in the Budget for 2005-06.
LG Electronics India Ltd on Thursday announced its foray in the country's server segment to fuel growth and achieve an over 68 per cent rise in IT segment turnover at Rs 760 crore (Rs 7.6 billion) in 2004.
LG Electronics India Ltd on Monday said it was targeting about Rs 300 crore (Rs 3 billion) revenues from sale of GSM handsets in Indian market this year.
LG Electronics India Ltd on Friday announced the launch of 'Centrino' range of notebook personal computers in India with a target to sell about 7,200 units in the market this year.\n\n\n\n
LG Electronics India on Thursday said it will launch several new products -- including laptops and notebook computers -- and offer up to 20 models of GSM mobile phones in the Indian market.
The Indian unit of South Korea's LG Electronics Inc. plans to double its market share in the growing refrigerator segment in 2003 by launching a slew of new models, a senior official said on Monday.
LG Electronics on Thursday announced its foray into the cellular phone market in India with the launch of two new handsets in the high-end category and said it expects to sell 400,000 handsets during the next year.
LG Electronics India is targeting to sell 200,000 personal computers in 2005 from 74,000 last year with the turnover of the IT division expected to increase during the year to Rs 1100 crore (Rs 11 billion).
LG Electronics said on Wednesday that it aims over three-fold increase in turnover to Rs 15,000 crore (Rs 150 billion) in the next three years due to increasing TV and mobile phone sales
With consumers staying indoors and e-commerce firms extending their reach to a larger number of pin codes, these giants have snatched a larger share from the offline traders this season.
FIFA World Cup revs up television sales in India
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
As temperatures begin to soar, AC makers have become extravagant with their claims and ad budgets as they look to get brand penetration up from the current low levels of four per cent, says T E Narasimhan.
Gujarat has topped with a score of 71.14% on ease of doing business list.
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