LG Starts Manufacture of Premium Side by Side Refrigerators
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LG Electronics India to Manufacture Premium Side by Side Refrigerators at its Pune Manufacturing Facility
PUNE [INDIA] – The Indian arm of Korean technology giant LG has commenced manufacturing of its premium side-by-side refrigerators in Pune, India. Located at Ranjangaon, Pune, the facility is spread across an area of 52.8 acre and has an annual production capacity of 2,00,000 side-by-side refrigerator units.
According to LG Electronics India, this manufacturing expansion will play a key role in addressing growing consumer demand and extending the company’s portfolio in the Indian market.
- As per reports, LG has invested approximately Rs 200 crore, and this new facility is equipped with advanced technologies and machinery to manufacture side-by-side refrigerators, in addition to double-door and single-door refrigerators.
- The company has been manufacturing single-door and double-door refrigerators across facilities in Greater Noida and Pune.
- The new facility was inaugurated in the presence of Hyun Uk Lee-Global Refrigerator President- LG Electronics, Hong Ju Jeon-MD-LG Electronics India, Hyoung Sub Ji-Director-Home Appliances & Air conditioners-LG Electronics India & other senior dignitaries.
- Hong Ju Jeon, MD, LG Electronics India, said that the company is fully confident in making India a strong manufacturing hub and will also export from this facility.
- Hong Ju Jeon said: “With our presence in the Indian market for over 25 years, we have continuously served millions of satisfied consumers. Localization has been a key differentiator as we have continuously developed products based on Indian insights. We are fully committed to honorable PM Modi’s vision of Make in India. Last year, we started manufacturing Windows inverter AC in India at Noida manufacturing facility. This year, we are starting side-by-side refrigerator production in India at the Pune manufacturing facility. Every year, we are expanding our local production operations. With a skilled workforce and cutting-edge technologies at our disposal, we are optimistic to cater to the needs of our consumers. We are investing approximately Rs 200 crores in setting up this manufacturing line and will continuously strengthen our local operations.”
- LG’s Pune plant also manufactures TVs, washing machines, ACs, and computer monitors, which is strengthening the company’s position as the market leader in the home appliances category.
Source: LG Electronics India
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