LG Electronics India rejigs leadership to drive post-IPO growthLG Electronics India has announced a leadership reorganisation to drive post-IPO growth, elevating Sanjay Chitkara to Co-Chief Sales and Ma...
27 Nov, 2025, 08.46 PM IST
LG India says no demand problem; GST pause delayed purchases, not business outlookLG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA...
14 Nov, 2025, 05.37 PM IST
LG India Q2 profit slips 27% but TV and AC market share climbsLG Electronics India reported a 27% YoY fall in Q2 net profit to Rs 389.4 crore, though revenue grew 1% to Rs 6,174 crore. Despite GST tran...
13 Nov, 2025, 08.55 PM IST
LG Electronics India to deepen manufacturing, eyes export growth and tier-II expansionLG India is expanding its value product lineup and manufacturing footprint, targeting Tier-II and Tier-III cities ahead of the festive seas...
18 Oct, 2025, 09.16 AM IST
IPO optimally priced to ensure long-term shareholder valuation: LG Electronics IndiaAfter setting the price band for its massive Rs 11,607 crore IPO at Rs 1,080-1,140 per share on Wednesday, LG Electronics India said the in...
01 Oct, 2025, 08.15 PM IST
Gold, cars, and smart electronics drive strong Dhanteras sales amid festive cheerDhanteras sparked a significant rise in consumer sales across India, leading to higher demand for gold, automobiles, and premium electronic...
30 Oct, 2024, 01.48 PM IST
Unrelenting heat sets AC demand on fire, scorches buyers' pockets as India's torrid summer goes on and onAs an unprecedented heat wave drives much of India indoors, AC prices have shot up in most regions of the country. Along with prices, sales...
19 Jun, 2024, 05.11 PM IST
‘Right time to launch 5G services in India’Sanjay Kaul, president, Asia Pacific & Japan, Cisco Service Provider Business pointed out that while the 5G opportunity is huge, the key wi...
03 Oct, 2022, 02.19 PM IST
LG India rejigs roles in senior management to streamline operationsThree senior industry executives said the changes are driven by the company’s new managing director Kim Ki-Wan, who wants to accelerate rev...
25 Dec, 2015, 06.00 AM IST
Sporting events like ICC Cricket World Cup failed to provide push to television sales, say expertsBuyers may have put off their spending for the IPL, and held on to their disposable cash to purchase air-conditioners with summer around co...
31 Mar, 2015, 04.19 AM IST
TV makers, DTH operators look to cash in on ICC World CupJapanese electronics major Panasonic and South Korean giant LG are confident of doing good business, so also are direct-to-home operators D...
08 Feb, 2015, 01.11 PM IST
Prolonged slowdown forces elctronics companies like LG Philips & Samsung to change roles at the top“Changes in leadership will gain pace this year now that the Rs 45,000-crore consumer electronics sector is back on growth path after almos...
20 Jan, 2015, 04.01 AM IST
LG falls back on mass products to push revenuesAfter focusing on high priced appliances, LG has realised that Indian consumers do not easily shift to latest appliances.
31 Dec, 2013, 06.32 AM IST
Durable makers deny any slowdown in rural sales, while RBI warns of slowing consumptionRBI’s policy hinted that consumer durables consumption is weakening in areas, but marketers believe to maintain their healthy growth rate.
23 Sep, 2013, 12.40 PM IST
Consumer durable makers offer incentives to boost salesCompanies like Whirlpool, LG and Sony India are aiming for a double digit growth of sales in Kerala alone this Onam.
21 Aug, 2013, 03.02 PM IST
LG India to reinvent itself as a consumer technology brandMarket experts say LG's efforts to transform its image from just a home appliance maker to a consumer tech company will help it bring back ...
19 Jul, 2013, 04.00 AM IST
- AC market has been stagnant for past 2-3 years: LG officials
'LG had set its focus on key buying factors and was therefore working to provide the right value proposition to the customer.'
23 Jan, 2013, 03.36 PM IST