LG Electronics Revisits IPO Plans for India Unit

LG Electronics is thinking about letting its India branch sell shares to the public again.

They were going to sell shares before, but they stopped because the stock market was acting up.

Now, they plan to try again, but they want to sell fewer shares this time.

They're hoping to raise about 9000 to 10000 crore rupees, less than the 15000 crore they aimed for before.

The company made a lot of money last year.

LG also has a new factory being built in Andhra Pradesh, India, to make more products.