LG eyes double-digit export contribution in next two financial years

Consumer electronics major LG expects exports to contribute more than 10% of its overall revenue within the next two financial years, as it looks to expand its presence in overseas markets, said Sanjay Chitkara, Director and Co-Chief Sales and Marketing.

Exports currently account for 6-7% of the company’s revenue, amounting to around $150 million. The company expects the contribution to cross the double-digit mark within the next two financial years.