LG Electronics
Consumer Durables & IT
LG Electronics’ Indian arm files IPO papers with Sebi
PTI -
The proposed IPO is entirely an offer for sale of 10.18 crore equity shares by promoter LG Electronics Inc with no fresh issue componentNew Delhi: LG Electronics India Ltd, the Indian arm of the South Korean company, on Friday...
Consumer Durables & IT
AC industry expects double-digit growth, over 11.5 mn unit sales this season
PTI -
The sale of energy-efficient 5-star inverter-technology-based models will have a higher contribution from metro cities and other big marketsNew Delhi: The sale of air conditioners has seen a relatively slow start, contrary to expectations, but manufacturers remain confident of...
Consumer Durables & IT
LG Electronics enters self-laundry service in India, to invest $4 mn in 2024
PTI -
LG Electronics is planning to open 200 such self-laundry service centres by the end of this yearNew Delhi: Leading home appliances maker LG Electronics India on Wednesday announced its entry into the self-laundry services space, where it is planning...
Consumer Durables & IT
Premiumisation, investments to propel appliances, consumer electronics industry in 2024
PTI -
The industry is expected to grow around 10% in 2024 as players offer more premium products, cater to rising demand for smart appliances and make more investments after significant business tailwinds this yearNew Delhi: The country's appliances and consumer...
Retail
Consumer durables makers expect 20 pc festive season sales uptick
IANS -
Expecting to garner over 20 per cent growth in sales during the festival season, consumer durables manufacturers are focusing on new launches, higher spending on marketing and innovative offers.
"The industry is optimistic as companies on average have increased their...
Retail
LG launches 'Mosquito Away TV' priced up to Rs 47,500
South Korean consumer electronics major LG has launched its new range 'Mosquito Away TV', which acts as mosquito repellent, in India priced between Rs Rs 26,900 and Rs 47,500.
"The LG Mosquito Away TV, developed as per the Indian insights...
Who’s Who
Saif Iqbal, GM and Head – E-commerce and Online, LG Electronics
Saif Iqbal
GM and Head – E-commerce and Online
LG Electronics
LG Electronics India has hired Saif Iqbal to shape its e-commerce strategy by December. India's largest white goods maker plans to launch televisions, white goods and smartphones exclusively for online sales...
Consumer Durables & IT
LG to manufacture 1 million smartphone units in India
South Korean electronics major LG on Friday reasserted its commitment to the Make in India initiative and in keeping with this obligation, launched two locally-made smartphones.
The instruments were launched by Telecom Minister Ravi Shankar Prasad.
The company plans to manufacture...
Retail
Bang & Olufsen join hands with LG for long term gains
Bang & Olufsen and LG Electronics have joined hands for a strategic technology partnership. This unison would work towards the development and production of its televisions, as revealed by the Danish company on Friday to The Economic Times.
In a...
Latest News
Fast changing consumer preferences in CDIT industry and likely future trends
India is witnessing a transformation in consumer behaviour and preferences today. The fast growing CDIT retail market, currently valued at Rs. 1,50,000 crore, is also evolving in terms of fast-changing consumer landscape. The CDIT industry, which is currently growing...
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Latest News
Health Focus, Q-commerce & Beverage Expansion: 2025 Priorities For Smoor Chocolates
Kanchan Achpal, Chief Marketing Officer of Smoor Chocolates elaborates on the brand’s ambitions, expansion strategies, and moreBengaluru: The perception...
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