Retail in Asia

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LG India considers price hike across all product categories

LG Electronics India is considering a price hike across all its product categories. It will decide on the extent of the increase by early next month.

Rajiv Jain, business head of Home Appliances at LG said, "The company will try its best to absorb the effects of the price hikes. However, beyond a certain point it would be passed on to the customers."