LG Electronics India starts local manufacturing of premium SIDE BY SIDE Refrigerators- Invests approx. INR 200 crore

• Aligned with honorable PM Modi’s,Make in India vision, LG Electronics inauguratedSide by Side Refrigerator manufacturing line in Pune
• LG is already manufacturing single door and double door refrigerators across facilities in Greater Noida and Pune
• The new manufacturing linewill help extend LG’s portfolio in manufacturing Side by Side Refrigerators
PUNE, JANUARY 17, 2023: Aligned with the honorable PM Modi’svision of Make in India and AatmaNirbhar Bharat Mission(Self Reliant India), India’s leading consumer durables brand, LG Electronics India, inaugurated local manufacturing line of SIDE BY SIDE Refrigerators in its Pune manufacturing facility. The new facility was inaugurated in the presence ofHyunUk Lee-Global Refrigerator President- LG Electronics,Mr.Hong Ju Jeon-MD-LG Electronics India,Mr. HyoungSub Ji-Director-Home Appliances & Air conditioners-LG Electronics India& other senior dignitaries.With an investment of approximately Rs.200crore, the new facilityequipped with advanced technologies and machineries,is set to manufacture the Side-by-Side Refrigerators in addition to Double-door and Single-door refrigerators.
Located at Ranjangaon, Pune, the facility is spread across an area of 52.8 Acre.With an annual production capacity of 200K Side by Side Refrigerator units, this manufacturing expansion will play a key role inaddressing growing consumer demand and extending the company’s portfolio in the Indian market.Strengthening its position as the market leader in the Home Appliances category,this initiative will further boost the brand’s product leadership. Pune facility also manufacture TVs, washing machines, ACs, and Monitors.
Speaking of the inauguration,Hong Ju Jeon- MD,LG Electronics India 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 Pune manufacturing facility, every year we are expanding our local productionoperations. With skilled workforce and cutting-edge technologies at our disposal, we are optimistic to cater to the needs of our consumers. We are investing approximately 200crore in setting up this manufacturing line and will continuously strengthen our local operations. This expansion is a step forward in making Self-Reliant India, LG Electronics is fully confident to make India a strong manufacturing hub. We will be also exporting from this facility.”