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LG Electronics India inaugurates Rs 200 cr local manufacturing unit in Pune

BNE News Desk


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Mumbai: India's leading consumer durables brand, LG Electronics India, inaugurated Rs 200 crore local manufacturing line of SIDE BY SIDE Refrigerators in its Pune manufacturing facility.

The new facility was inaugurated in the presence of Hyun Uk Lee-Global Refrigerator President- LG Electronics, Hong Ju Jeon-MD-LG Electronics India,. Hyoung Sub Ji-Director-Home Appliances and Air conditioners-LG Electronics India and other senior dignitaries.

With an investment of approximately 200 crore, the new facility equipped 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 in addressing growing consumer demand and extending the company's portfolio in the Indian market.

Pune facility will manufacture TVs, washing machines, ACs, and Monitors.

Speaking of the inauguration, Hong Ju Jeon said that with their presence in the Indian market for over 25 years, they have continuously served millions of satisfied consumers. Localization has been a key differentiator as they have continuously developed products based on Indian insights.

Last year, they started manufacturing Windows inverter AC in India at NOIDA manufacturing facility.

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BNE News Desk