LG Elec India Reports Strong Appliance Sales through May Jun 27, 2003

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The Bangalore branch of LG Electronics India Ltd. this week said it had recorded a turnover of Rs 1 billion (U.S. $21.4 million) from January to May 2003.

Registering 78-percent growth over the corresponding period during last year, LG Electronics said the color TV and air-conditioner sales were 90 percent stronger, while refrigerator and washing machine sales were up by 75 percent.

"We are aiming at a revenue of Rs 2.5 billion from Karnataka during the year," Prasoon Kumar, LG Electronics India Pvt. Ltd. Bangalore branch manager said in a statement. (Asia Pulse)

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