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Lg To Set Up 2nd Plant At Ap, Eyes Buyouts

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BUSINESS STANDARD

LG Electronics India (LGEIL) will set up its second manufacturing plant in the country next year with an outlay of close to Rs 200 crore. The company is also toying with the idea of acquisitions in a bid to augment capacity, LGEIL managing director Kwang Ro Kim said today.

The plant, to be set up in Andhra Pradesh, will be in addition to the capacity expansion being worked out at LG

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First Published: Mar 16 2002 | 12:00 AM IST

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