LG aims 40 per cent market share in home AC segment in India
The Indian room AC market is expected to be around 5 million units, with over 20 companies competing in the segment. Commenting on the company's new products for this season, Babu said, "We have improved the lineup with wi-fi and other features such as good designs with good aesthetic sense and colours."
LG India, at present, has a capacity to roll out around two million units of ACs from two plants situated at Noida and Pune, Photo: Reuters