Sunday, May 24, 2009

LG Electronics India Increases Sales and Recruitment Target

It may be the time of global economic recession, but LG India seems to be unaffected by the economic slowdown. LG Electronics India has decided to increase its revue and recruitment target this year. The reason behind this decision is the company’s extensive growth in its sales since the turn of the New Year.

According to reports out in the media, LG Electronics India has increased their revenue growth target to 20-25% which was initially 15%. The company also decided to recruit 3,500 employees, though the initial target was 2,200. In April and May, LG Electronics India experienced about 50% sales growth.

Related article:

The Economic Times