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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (7273)9/27/1999 8:09:00 PM
From: Mohan Marette   of 12475
 
LG Electronics to double local investments to $200 million

LG Electronics (India) Ltd
lgeil.com

(Tuesday, September 28, 1999)

R Srinivasan in Hyderabad

LG Electronics, the Korean electronics multinational, will double its investments in the country from the existing $100 million to $200 million by 2005.

Kwang-Ro Kim, managing director, LG Electronics India Pvt Ltd, said while bulk of the fresh investment will remain in the consumer electronics sector, the company was also looking at the chemicals line and would expand its recently acquired facility of Hindustan Polymers at Visakhapatnam......

business-standard.com
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