LGEINDIABSELG Electronics India LtdMediumPositive
Announced Wed, 6 May · 14:15 IST

Press Release-"LG Electronics 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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₹1555.70
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₹1585.20
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AI summary

LG Electronics India launched its 2026 home appliances range spanning affordable-premium and premium segments. The Essential Series (launched Oct 2025) has been expanded with new capacities and designs in refrigerators (225L-276L starting ₹25.5K), washing machines (8-10kg starting ₹20.9K), and cooking appliances. New premium products include French Door Refrigerators (574L-610L, starting ₹1.18 lakh) with India's first Auto Ice Maker, Side-by-Side refrigerators up to 790L, AI DD 2.0 front-load washing machines (12-20kg from ₹62.9K), True Steam Dishwashers (₹73.5K), and water purifiers. The company has begun exporting the Essential Series from Q1-2026 targeting 22 countries across Asia, Middle East and Africa, including refrigerators, washing machines and residential air conditioners. All products are manufactured in India at Greater Noida and Ranjangaon facilities.

Likely market impact

This product expansion reinforces LG India's market position in both mass-market and premium segments. The export target of 22 countries under the 'Make-India-Global' initiative signals growing international competitiveness of its Indian manufacturing operations, though no specific revenue or order values are quantified.