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India to become 3rd largest mkt with Rs 25K cr sales in 3 yrs: LG

The company's wholly-owned subsidiary LG Electronics India had clocked a turnover of Rs 16,000 crore in 2012 and the country is currently its fifth biggest market globally.

LG seeks to boost production facilities to bump up market share

The firm said it would invest 20tn won in various subsidiaries, including LG Electronics, in 2013.