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LG ELECTRONICS AC
Behind bigger price tags hides a fault line in India’s growth storyIndia’s consumer durables face a third price hike in 2026 as copper, steel, aluminium, resin, logistics and energy costs surge. LG, Daikin,...- LG Electronics to hike AC prices by 5-7 per cent from Oct 1 ahead of festive seasonLG Electronics India has announced a price rise for air conditioners starting October 1. The increase will be between 5 to 7 percent ahead ...
- Festive shopping gets costlier as brands plan to hike AC, TV and appliance prices from October 1Consumer electronics and appliance manufacturers in India will increase prices of products by 5-8% starting October 1. The rise in prices i...
- Costly Diwali: Appliance makers set to serve up another price shockLeading manufacturers such as LG, Samsung, and Daikin are raising prices of consumer appliances by 5-10%. This increase is attributed to ri...
- India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
- LG Electronics India in Jefferies’ ‘pole position’; bull case points to 21% upsideJefferies retains a Buy rating on LG Electronics India with a Rs 1,895 target and sees Rs 2,000 in its bull case. Growth could come from pr...
- Electronics makers turn to cheaper materials and localisation as commodity costs biteElectronics producers are adapting to rising costs by innovating their material choices and enhancing local manufacturing efforts. In place...
- Ventura initiates coverage on Meesho and LG India, sees up to 35% upsideVentura Securities has initiated coverage on Meesho and LG Electronics India with Buy ratings, seeing up to 35% upside. The brokerage expec...
- Offline vs Online: Appliance brands change models to ease discount warManufacturers are now selling distinct product versions online and in physical stores. This strategy aims to reduce conflicts arising from ...
- LG to focus on increasing localisation of commercial AC in India; sets up separate service entityLG Electronics Inc is focusing on commercial air-conditioners in India, launching a new company for their service and maintenance, said a s...
- LG Electronics invests Rs 200 crore at Pune facility; starts local manufacturing of side-by-side refrigeratorsLG Electronics India is a wholly-owned subsidiary of South Korea-based LG Electronics. The company, which was established in January 1997 i...
- LG Electronics becomes the leader in dual inverter AC marketThe achievement comes at a time when LG has committed to invest into manufacturing of AC components like compressors and heat exchangers in...
- LG registers 27% growth in AC sales in first half of 2017LG, which has moved to more energy-efficient inverter ACs, has also began exporting to Sri Lanka and is exploring opportunities in neighbou...
- Cool summer ahead: AC prices down sharply, won't burn a hole in your pocket this yearPrices of premium, energy efficient inverter ACs have crashed by up to 25 per cent as LG Electronics seeks to set competitive benchmarks.
- With AC business heating up, LG and Godrej roll out plans for summersLG Electronics India rolled out 45 new models whereby it has made a shift of its split air-conditioner portfolio to inverter air-conditione...
- LG eyes Rs 2,800 crore turnover in air conditioners division in 2016LG India Business Head, Saurabh Baisakhia's said the company's focus was on offering innovative products that would have helped LG better t...
- AC makers hope sales to pick up after delayed summerAfter a delayed summer, companies are hoping that a prolonged hot season will help in propelling the growth of the AC market with sales lik...
- LG to hike AC prices by five pc from February 1Consumer durables maker LG Electronics India today said it will hike the prices of its air-conditioners by about five per cent from Februar...
- LG to hire 4,000 in 3 months to give AC sales a pushLG Electronics will hire around 4,000 people in India in next 3 months.
- Split ACs to lead durables chargeWith summer around the corner, the heat is truly on as consumer durable makers bank on the air-conditioner segment.
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