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Samsung India reports record 32% growth in October for electronics business

Kolkata: Indian consumers are buying premium consumer electronic products, including for entry-level categories and in smaller towns, which has helped Korean giant Samsung to report record sales during October, a senior company executive said.

Samsung India senior vice president (consumer electronics business) Raju Pullan said the company has grown by 32% in October as compared to same period last year, while the sales of premium products have grown by 50%.