North News Chandigarh, August 27 LG Electronics is contemplating an initial public offering (IPO) for its Indian subsidiary as part of its strategy to reach a $75-billion revenue target. According to Upstox,india remains a crucial market for LG, where it faces stiff competition from South Korean rival Samsung Electronics.
In the first half of 2024, LG’s revenue from India surged by 14%, reaching 2.87 trillion won compared to the same period last year. This growth underscores the importance of the Indian market in LG’s broader expansion plans and its aim to enhance its global footprint.
