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SANJAY CHITKARA LG
He survived a terror attack, sustained five bullet injuries, lost his father young, and now leads LG Electronics India's sales divisionSanjay Chitkara survived a deadly militant attack in Punjab, enduring multiple bullet wounds. He later faced health challenges from a hepat...- LG records hot sales as it sells 1 million ACs in CYQ1; Co to expand Sri City plantLG Electronics India achieved a record start to the summer season selling over one million air conditioners in the January-March quarter of...
- LG India eyes US, Europe exports as tariff cuts open doorsLG Electronics India plans to begin exporting premium home appliances to the US and Europe, including India-developed side-by-side and larg...
- High-value parts push up electronics firms' import billIndustry executives attributed the rebound to greater imports of high-value parts and a weaker rupee, even as the government's Make in Indi...
- 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...
- 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...
- 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...
- 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...
- 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...
- Samsung, LG rejig top deck to take on online brands, rivalsSamsung and LG have rejigged their senior management teams to defend their turf from online-focused brands.
- LG rejigs top deck to spur growthRajeev Jain, who was heading LG’s sales for north and east, now heads modern retail, brand shops and sell out, drawing up strategies to ens...
- 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...
- 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...
- 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...
- 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...
- Consumer durable companies like LG, Panasonic, Whirlpool using social media for festive campaignsPanasonic, which is incurring over Rs 85 crore on the branding during the festive seasons, aims to spend a significant portion of that on t...
- 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.
- 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.
- 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 ...
- 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.'
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