LG Electronics India has bagged the Award for Excellence in Exports of Electronic Hardware by the Electronics and Computer Software Export Promotion Council of India (ESC).
The Award has been given to LG for its excellent exports performance in electronics hardware (CTV, monitors, GSM and PCs) during the financial year 2004-05. During this period, LG achieved exports worth $54 crore in the defined product categories.
Ajay Sapra, DGM, Corporate Exim, LGEIL, received the Award on behalf of the company at a function held in the Capital on September 6. Jainder Singh, Secretary, Department of Information Technology, presented the Awards.
Sapra said, “This Award corroborates LG’s leadership in India as well as in the international market. This has been possible due to the persistent efforts of LGEIL to come up with high quality products for overseas markets as well as Indian market. Our consumer electronics export has grown at over 30 per cent year-on-year and we are optimistic of achieving greater heights in the coming year.”
Commenting on this achievement, Jatin Madan, AGM-Exports, LGEIL, said, “The international market has readily accepted our products and we see huge potential for growth in the overseas markets in the future.”
LG, which has emerged as one of the top-tier players in consumer electronics exports, exports a range of products to highly competitive markets like the Middle East, Asia and Africa.