Even as one of its closest competitors LG Electronics India got listed in October this year, Samsung Electronics has ruled out listing its India business for now, saying it will instead focus on accelerating artificial intelligence adoption across its products and expanding its consumer finance arm to drive sales in one of the most important growth markets. Samsung runs its largest smartphone manufacturing facility in the world in Noida, which has evolved into a key export hub in recent years. When asked about any possibility of an IPO, Park said: "No, we do not have any such plans as of now". While other South Korean peers like Hyundai Motor India and LG Electronics have tapped public markets to raise capital and strengthen their local footprint, Samsung places a preference on internal growth over market-funded expansion. The strategy reflects a dual aim - leveraging AI to differentiate products in a crowded consumer electronics market while using financing solutions to boost sales amid slowing global demand.

Source: Indian Express December 25, 2025 18:23 UTC