LG Electronics India Limited has informed the Exchange regarding a press release dated May 06, 2026, titled "LG Electronics India Expands Home Appliances Portfolio: Introduces Premium Range of French Door Refrigerators, AI DD Washing Machines, and the All-New Essential Series ".
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LG Electronics India launched its 2026 Home Appliances Range expanding both affordable-premium and premium segments. The Essential Series has been extended with new refrigerator capacities (225L-276L), washing machines (8kg-10kg), and convertible microwave ovens. The premium segment introduces India’s first French Door Refrigerator with Auto Ice Maker (574L-610L, starting at ₹1.18 lakh), AI DD 2.0 washing machines, and True Steam Dishwashers. The company has begun exporting Essential Series products from Q1-2026 with a target to reach 22 countries across Asia, Middle East, and Africa. Products being exported include refrigerators, washing machines, and residential air conditioners, supporting the Make-India-Global vision.
The product portfolio expansion across multiple price points and new export initiative to 22 countries could drive revenue growth, though the direct financial impact will depend on actual sales volumes and market adoption.