LG Electronics has officially listed its Indian subsidiary, LG Electronics India Limited (LGEIL), on the National Stock Exchange (NSE), marking a major step in its commitment to the Indian market. The listing ceremony in Mumbai was attended by top leaders from LG and the NSE. Through its IPO, LG offered 15% of LGEIL’s shares at INR 1,140 per share, with the offering oversubscribed 54 times, raising about USD 1.31 billion (INR 116.05 billion).
The listing supports LG’s strategy to deepen its local presence as India’s economy expands and middle-income households grow. LG also shared its long-term vision built on three pillars “Make for India,” “Make in India” and “Make India Global.” These focus on designing India-specific products, strengthening local manufacturing with a new factory in Sri City, and positioning India as a global innovation hub within LG’s Global South strategy.
LGEIL will continue investing in customer service, subscription programs, and B2B sectors like HVAC and commercial technologies, aiming to grow alongside India’s development.
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