LG Electronics to roll out 100 mobile stores pan-India

Leading mobile phone manufacturer LG Electronics announces that they will open 100 exclusive mobile handset stores across India. Eyeing  a market share of 10 percent by 2010-end in a projected 10 crore mobile handset market this year, the company has set a target to double its retail distribution network from 20,000 dealers to 40,000 across the country. The South Korean firm has earmarked a budget of Rs 290 crore for marketing activities, including investments made for improving visibility. The robust retail expansion of the global electronics giant is a new business opportunity to every in-store signage company in the country.