Under Make in India initiative, India’s leading consumer durables & air conditioner brand, LG Electronics India, today inaugurated local manufacturing line of Dual Inverter Air Conditioner Compressors at its Greater Noida manufacturing facility. This new facility was inaugurated in the presence of Government officials, LG Global executives, Manufacturing MD & other senior dignitaries.
With an investment of approximately INR 100 crores and an annual production capacity of over 1 MN, the new facility is equipped with advanced technologies and machinery, and is set to manufacture Dual Inverter Air Conditioner compressors. This milestone will further strengthen the market leadership of LG India in the Air Conditioner industry.
LG India has always consolidated its market and technological leadership in the market. LG is the first brand to convert 100% of the line up from ON/OFF to Dual Inverter in both Split & Window segments and with this new line inauguration, LG has become the first brand to manufacture its own Dual Inverter Air Conditioner compressor in India.
Speaking of the inauguration, Hyunjin Lee, Manufacturing MD, LG Electronics India said, “We have been continuously serving the Indian market for the past 25 years by providing consumers with latest products & technologies. We are well aligned with honorable PM’s vision of MAKE IN INDIA and continuously expanding our local manufacturing. Recently, we started manufacturing Side by Side Refrigerators at our Pune manufacturing facility. Today we are launching Dual Inverter Air Conditioner compressor manufacturing line at our Greater Noida manufacturing facility. This continuous expansion is a step towards making Self-Reliant India a reality and LG Electronics aims to make India a powerful manufacturing hub. We have invested approximately INR 100 crores in setting up this Air Conditioner Compressor manufacturing line and are continuously working towards strengthening our local operations.”
