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India at centre of LG Electronics' Global South strategy: CEO

Business Standard

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October 15, 2025

India is now at the centre of LG Electronics’ Global South strategy, Chief Executive Officer (CEO), William Cho said on Tuesday after the company listed on the National Stock Exchange (NSE).

- SHARLEEN D'SOUZA

“We look forward to advancing the growth of both LG and LGEIL (LG Electronics India Ltd.),” he added.

Hong-ju Jeon, managing director at LGEIL started his over a minute’s speech at the listing ceremony in Hindi, where he thanked everyone for being present at the historical event of LGEIL's listing on Indian bourses. He also thanked Sebi, NSE, its partners and the Indian customers while closing his speech. LGEIL listed on the NSE at a 50 per cent premium, and ended Tuesday’s trading session 48 per cent up from the issue price of ₹1,140 apiece. Apart from Cho and Jeon, LG Electronics’ Chief Financial Officer (CFO) Chang-tae Kim and Board Chairman and Non-Executive Director Dae-hyun Song, were present at the listing in Mumbai.

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