Advertisment

Rank 54: LG Electronics India

author-image
DQI Bureau
New Update

Performance

Highlights
Redefined its push into smaller cities in a bid to widen the revenue base
Despite a concerted effort, exports didn't notch up high numbers
MD: K R Kim

l Start-up Year:

1997
l Products & Services: Monitors

and other peripherals



l Employees:

1003
l Branches:

23
l Dealers:

120
l Address: Plot

No: 51, Udyog Vihar, Surajpur- Kasna Road, Greater Noida —

201306
l Tel: 4560900,

4560940
l Website:

www.lgezbuy.com

Despite the slowdown, LG didn't witness any major shift in total billings,

which remained flat to touch Rs 239.89 crore in financial 2001-02, against Rs

239.85 crore in the previous year. The first quarter accounted for the maximum

slice of overall sales, with the northern region bringing in a large chunk.

Export billings were small, under Rs 1 crore. The company is now planning to

push its presence in smaller cities as part of its strategy roadmap to push

sales.

Advertisment