TMCnet News
SAMSUNG, LG BULLISH ON BIZ CLIMATE(Indian Business Insight Via Acquire Media NewsEdge) South Korean companies Samsung and LG have expressed faith in the investment climate in India. Technology major Samsung has committed big investments in India and expressed great hope in the India's 4G mobile market, while LG has expressed great faith in the changed investment climate. The electronics market in India is projected to grow to $400 billion or around Rs24 lakh crore by 2020. Imports are estimated at $300 billion or Rs18 lakh crore in the absence of corrective measures to boost electronics manufacturing. |