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Mr. Shin received “Man of Electronics†prestigious award for an outstanding performance and extra-ordinary contribution made inside the promotion and development of Indian Consumer Electronics Industry. LG, which is the Market Leader in durable industry, is today a $2.9 billion business and is targeting to obtain $ 10 billion sales by 2015. LG reported year-on-year growth of 30% this year and is confident that the high demand will last till the remaining year attributing factors including rising incomes, positive economic forecasts, bright job prospects and hence, high consumer confidence. At the occasion were present, eminent dignitaries like Dr. Y.V. Verma, President, CEAMA; Mr. Rajiv Bajaj, Hony. Secretary, CEAMA; Mr. Ravinder Zutshi, Immediate Past President CEAMA, and P N Dhoot Past President CEAMA to highlight the recent developments and observations related to the industry.
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