LG to invest $ 1 billion in India

 Betting big on the Indian growth story, South Korean consumer durables major LG on Friday said it will invest about $1 billion here for marketing and research over the next five years. “We will be investing around $ 1 billion (about Rs 5,000 crore) in the next five years on R&D and marketing,” LG Electronics India MD  Moon Bum Shin told PTI.

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