LG to Export More Mobile Phones from India

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Jun22

Razib Ahmed

June 22, 2008

Know More: India, LG

India

is a very attractive place for mobile phone companies. Indian mobile phone market is growing rapidly and it has still a lot of growth for the next few years. LG is now of the top 5 mobile phone makers in the world. LG has taken Indian market seriously in 2008. LG is not only targeting the Indian market but also is trying to expand its export activities from

India

Sify wrote:

South Korean chaebol LG Electronics is likely to enhance its mobile phone manufacturing capabilities in India to export to Europe and CIS countries.
Currently, the company exports handsets from India primarily to countries in the Middle East and Africa, besides selling them locally.

This is a good move from LG. India is really an attractive place now for mobile phone companies. It will help LG to increase its revenue while create some more jobs in India.

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