Friday, February 20, 2009

LG to invest Rs 600 cr in Indian test labs

LG to invest Rs 600 cr in Indian test labs

LG - Life is Good, is planning to invest Rs. 600 crore in its Indian Test Laboratories this year, said Moon B Shinh, Managing Director, LGEIL.

LG is also lanning to gab 15% market share of Indian GSM Mobile phone market by 2011. The Current Market share of LG for Indian GSM mobile phone market is only 4.6 %

LG plans to launch aorund 30 new mobile phone models.