LG Electronics India Ltd.

Incorporated in 1997, LG Electronics India Limited is a manufacturer and distributor of home appliances and consumer electronics (excluding mobile phones).The company sell products to B2C and B2B consumers in India and outside India. The company offer installation services, and repairs and maintenance services for all their products.Business Segments:Home AppliancesAir SolutionsHome Entertainment.The company has 2 manufacturing units, 2 central distribution centers, 23 regional distribution centers, and 51 branch offices and is supported by 31,291 sub-dealers as of June 30, 2024.The company has two advanced manufacturing units located in Noida (the “Noida Manufacturing Unit”) and Pune (the “Pune Manufacturing Unit”). The company have a pan-India supply chain network of 25 product warehouses, comprising two central distribution centers (“CDCs”) and 23 regional distribution centers (“RDCs”) as of June 30, 2024.The company also offers services through 949 service centers across urban and rural India, supported by 12,590 engineers and four call centers, as of June 30, 2024.As of June 30, 2024, the company has a dedicated team of 282 employees , and 472 B2B trade partners. The company's brand philosophy is “Life’s Good When We Do Good”.Competitive Strengths:Leading market share in the home appliances and consumer electronics industry in India with #1 market share across key product categories.Introducing innovative technologies tailored to the needs of Indian consumers.Shaping consumer experience with pan-India distribution and after-sales service network.Operational efficiency through strong manufacturing capabilities and localized supply chain.Parentage of LG Electronics, which is the leading single-brand global home appliances player in terms of market share by revenue in CY 2023 and a strong LG brand.Capital-efficient business with high growth and profitability.