LG, Samsung sue Indian government over e-waste policy
Investing.com -- South Korean electronics giants LG and Samsung (KS: 005930 ) have taken legal action against the Indian government over a policy that boosts compensation to electronic-waste recyclers. The information was made available through recent court documents. The companies join a growing list of international corporations challenging India’s environmental regulations due to their potential business impact.
The court is set to hear these lawsuits on Tuesday, alongside other similar challenges. This marks an intensification of the ongoing conflict between foreign businesses and the government of Prime Minister Narendra Modi concerning its approach to waste management practices.
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