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LG India signals 'future-ready' push with Rs 11.6K cr IPO
Rediff· 2025-10-03 01:25
For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise.Photograph: Steve Marcus/ReutersThe company’s senior executives describe it as a step towards becoming “future-ready”, showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.“This is a good opportunity for our investors and shareholders,” said Sanjay Chitkara, chief sales officer. “If they leave something on the table, it will create ...