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(From India Business Insight)
LG Electronics India Limited (LGEIL), the Indian subsidiary of LG Electronics of South Korea, is one of the leading consumer durables companies in India.
The company's initial entry into India through a joint venture with Bestavision in 1993 was a failure. It re-entered the Indian market in 1997. LGEIL's revenues have increased from Rs125 crore in 1997 to Rs6,500 crore …