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LG India sees sales growing 25 pc in 2009


MUMBAI: LG Electronics Inc's Indian arm expects sales to grow 25 percent in 2009, compared with a 16 percent rise in the previous year, a company official said on Wednesday. LG India also expects sales to rise 40 percent during September-October from sales during last year's festive season.

"We are seeing a rise in demand due to strong rural income and also due to the pay of arrears to government employees," V. Ramachandran, director of sales and marketing

 
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