LG Electronics India, a global leader and technology innovator in consumer electronics, has decided to hike prices of its products in almost all categories from November 1 to offset the sharp depreciation of rupee against the dollar.
Amitabh Tiwari, Head of Electronics Department, LG Electronics India said,, “We have decided to hike prices from November 1 ranging from up to 5 per cent across almost all product categories, as we are unable to take further hits on account of rupee depreciation.”