NEW DELHI: South Korean consumer electronics giant LG<\/a> is looking at making India its export<\/a> hub, banking on good ties between the two countries at a time when its overseas shipments from China<\/a> are declining. 新德里:韩国消费电子巨头LG是看印度的吗出口中心,依靠良好的两国关系时从其海外发货中国正在下降。
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According to LG Electronics<\/a> India Managing Director Ki Wan Kim<\/a>, one of the main reasons for the company to look at making India an export hub is due to tension prevailing between South Korea and China.
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\nLG, which has two manufacturing units in India, exports to the Middle East and countries in the eastern coast of African continent.
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\nAround 10 per cent of sales of the company's Indian arm -- LG Electronics India (LGEI), are currently from exports. Last year, LGEI had sales of Rs 22,000 crore.
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\n\"On the other hand ties between South Korea and India have improved. All Korean (companies) have started to see India as a strategically important manufacturing base not only for India but for other areas,\" Wan told PTI.
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\nWhen asked if LG is scouting for more global markets for exports from India, he replied in the affirmative saying it is looking for countries where there is little or no manufacturing.
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\nEarlier, LG used to serve such markets from China but \"it is declining gradually\", Wan added.
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\n\"Already we are exporting from Noida and Pune to Middle East mainly in Saudi and Iran and African countries on (the eastern coast of the continent),\" he said.
\n
\nAnother major factor for seeing India as a major hub for exports is that the country is becoming more competitive economically and there will be secured and transparent taxation regime with the expected implementation of GST.
\n
\n\"India is becoming more competitive economically. With GST coming up, its secured and transparent taxation regime along with a stable political system would help in project as a bigger manufacturing hub,\" Wan added.
\n
\nLG can increase its manufacturing capacity whenever required, he said.
\n
\nHe said the company, which is celebrating its 20 years of operations in India this year, has witnessed very high growth rate in the last couple of years.
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\nIndia is among the top five global markets for LG in consumer durables category with the USA, Korea, Brazil and Russia.
\n
\nReflecting on the company's two decades of journey in India, Wan said: \"It is an achievement in itself. We have seen many brands come and go in India. Not only have we sustained but we have become number one here.\"
\n
\nOn LG's success in India, he said: \"We have been able to serve the needs of different consumers here. India is not one country as far as consumer requirements are concerned.\"
\n
\nThe demand from consumers from South India is different from those of the North or the East, he said, adding, \"therefore we have a strong local R&D team, which helps in identifying the specific needs of consumers so that we can deliver it to them.\"\n\n<\/p><\/body>","next_sibling":[{"msid":58239837,"title":"Watching industry consolidation closely: Manoj Sinha","entity_type":"ARTICLE","link":"\/news\/watching-industry-consolidation-closely-manoj-sinha\/58239837","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58240496,"entity_type":"ARTICLE","title":"LG plans to make India export hub","synopsis":"LG, which has two manufacturing units in India, exports to the Middle East and countries in the eastern coast of African continent.","titleseo":"telecomnews\/lg-plans-to-make-india-export-hub","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-04-18 16:08:38","lastupd":"2017-04-18 16:09:26","breadcrumbTags":["China","LG","export","LG Electronics","Devices","Ki Wan Kim"],"secinfo":{"seolocation":"telecomnews\/lg-plans-to-make-india-export-hub"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-04-18" data-index="article_1">
根据LG电子(LG Electronics)印度公司董事总经理Ki Wan金公司的主要原因之一,看看印度出口中心是由于韩国与中国之间的紧张的。
LG,两个制造单元在印度,出口到中东国家和非洲大陆的东海岸。
大约10%的销售公司的印度的手臂,LG电子(LG Electronics)印度(LGEI),目前出口。去年,LGEI 22000卢比的销售。
“另一方面韩国和印度之间的关系有所改善。所有韩国人(公司)已经开始认为印度是一个具有重要战略意义的生产基地不仅对印度其他地区,”万告诉PTI说。
当被问及LG是寻找更多的全球市场的出口印度,他肯定的回答说这是寻找国家很少或根本没有制造。
早些时候,LG等用于服务市场来自中国但”“这是逐渐下滑,Wan补充道。
“我们已经向中东出口从诺伊达和浦那主要在沙特和伊朗和非洲国家在(非洲东部沿海),”他说。
看到印度的另一个主要因素作为主要出口中心是国家经济变得更有竞争力,会有安全、透明的税收制度预期的销售税的实现。
“印度经济变得更有竞争力。由于消费税,其安全、透明的税收制度以及稳定的政治系统将有助于在项目作为一个更大的制造业中心,”万补充道。
LG可以增加其生产能力时,他说。
他说,公司正在庆祝其20年的业务今年在印度,目睹了非常高的增长率在过去的几年里。
印度是全球市场排名前五的LG的耐用消费品类别与美国,韩国,巴西和俄罗斯。
反映在公司的两个几十年的旅程在印度,Wan说:“这本身就是一项成就。我们已经看到许多品牌在印度。我们不仅持续但我们已经成为一个数量。”
在LG的成功在印度,他说:“我们已经能够满足不同消费者的需求。印度不是一个国家的消费者需求而言。”
南印度的消费者需求不同于北方或者东部,他说,并补充道,“因此,我们有一个强大的本地研发团队,这有助于识别消费者的特定需求,这样我们可以送。”
NEW DELHI: South Korean consumer electronics giant LG<\/a> is looking at making India its export<\/a> hub, banking on good ties between the two countries at a time when its overseas shipments from China<\/a> are declining.
\n
According to LG Electronics<\/a> India Managing Director Ki Wan Kim<\/a>, one of the main reasons for the company to look at making India an export hub is due to tension prevailing between South Korea and China.
\n
\nLG, which has two manufacturing units in India, exports to the Middle East and countries in the eastern coast of African continent.
\n
\nAround 10 per cent of sales of the company's Indian arm -- LG Electronics India (LGEI), are currently from exports. Last year, LGEI had sales of Rs 22,000 crore.
\n
\n\"On the other hand ties between South Korea and India have improved. All Korean (companies) have started to see India as a strategically important manufacturing base not only for India but for other areas,\" Wan told PTI.
\n
\nWhen asked if LG is scouting for more global markets for exports from India, he replied in the affirmative saying it is looking for countries where there is little or no manufacturing.
\n
\nEarlier, LG used to serve such markets from China but \"it is declining gradually\", Wan added.
\n
\n\"Already we are exporting from Noida and Pune to Middle East mainly in Saudi and Iran and African countries on (the eastern coast of the continent),\" he said.
\n
\nAnother major factor for seeing India as a major hub for exports is that the country is becoming more competitive economically and there will be secured and transparent taxation regime with the expected implementation of GST.
\n
\n\"India is becoming more competitive economically. With GST coming up, its secured and transparent taxation regime along with a stable political system would help in project as a bigger manufacturing hub,\" Wan added.
\n
\nLG can increase its manufacturing capacity whenever required, he said.
\n
\nHe said the company, which is celebrating its 20 years of operations in India this year, has witnessed very high growth rate in the last couple of years.
\n
\nIndia is among the top five global markets for LG in consumer durables category with the USA, Korea, Brazil and Russia.
\n
\nReflecting on the company's two decades of journey in India, Wan said: \"It is an achievement in itself. We have seen many brands come and go in India. Not only have we sustained but we have become number one here.\"
\n
\nOn LG's success in India, he said: \"We have been able to serve the needs of different consumers here. India is not one country as far as consumer requirements are concerned.\"
\n
\nThe demand from consumers from South India is different from those of the North or the East, he said, adding, \"therefore we have a strong local R&D team, which helps in identifying the specific needs of consumers so that we can deliver it to them.\"\n\n<\/p><\/body>","next_sibling":[{"msid":58239837,"title":"Watching industry consolidation closely: Manoj Sinha","entity_type":"ARTICLE","link":"\/news\/watching-industry-consolidation-closely-manoj-sinha\/58239837","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58240496,"entity_type":"ARTICLE","title":"LG plans to make India export hub","synopsis":"LG, which has two manufacturing units in India, exports to the Middle East and countries in the eastern coast of African continent.","titleseo":"telecomnews\/lg-plans-to-make-india-export-hub","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-04-18 16:08:38","lastupd":"2017-04-18 16:09:26","breadcrumbTags":["China","LG","export","LG Electronics","Devices","Ki Wan Kim"],"secinfo":{"seolocation":"telecomnews\/lg-plans-to-make-india-export-hub"}}" data-news_link="//www.iser-br.com/news/lg-plans-to-make-india-export-hub/58240496">
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