LG India expects 10% growth, exploring new business categories as Health care, says MD Hong Ju Jeon

LG Electronics India expects around 10 per cent growth in FY24 and exploring new business categories such healthcare and water purification here besides investing further in its manufacturing ecosystem, its Managing Director Hong Ju Jeon said on Wednesday. India is an important market for the South Korean chaebol, where it sees a “big potential” as the economic situation is bright compared to other global markets with a growing population with more youths, he said.