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LG Electronics India Ltd., a wholly owned local subsidiary of South Korean firm LG Electronics Co., plans to raise its revenue to 12.5 trillion won (approx. U.S. $11.8 billion) in 2010, the company said.
"Sales are expected to reach 1.6 trillion won (approx. $1.5 billion) this year," said Kim Kwang-ro, president. "Revenue has been rising 30 percent annually."
LG Electronics India aims to boost revenue to 2.25 trillion won (approx. $2.1 billion) in 2005 and 12.5 trillion won in 2010, he said. (Yonhap News)
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