LG Plans $15 Billion Valuation for India Unit IPO Amid Growing Market Demand

LG Electronics, the South Korean multinational conglomerate, is reportedly preparing for a significant initial public offering (IPO) of its Indian subsidiary that could value the unit at up to $15 billion. This strategic move highlights LG's commitment to expanding its operations in one of the world's fastest-growing consumer markets. With the IPO, LG aims to capitalize on the burgeoning demand for electronic goods in India, where the market has shown remarkable resilience and growth potential.

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