Excelsior Correspondent
JAMMU, Jan 20: 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 of Hyun Uk Lee-Global Refrigerator President- LG Electronics, Hong Ju Jeon-MD-LG Electronics India, Hyoung Sub Ji-Director-Home Appliances & Air Conditioners-LG Electronics India & other senior dignitaries.
With an investment of approximately Rs. 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 company’s portfolio in Indian market.
Pune facility also manufactures TVs, washing machines, ACs and Monitors.
Speaking of the inauguration, Hong Ju Jeon- MD, LG Electronics India said, “With our presence in 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 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. We will be also exporting from this facility.”
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