LG Electronics
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Background
From 8 stories, the newest dated 7 Oct 2026. Summary written 10 Oct 2026.
LG Electronics is a consumer appliances and electronics maker whose Indian business, covered by brokerages as LG Electronics India, has publicly quoted shares. [1] source: NDTV Profit[2] source: Mint
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BOB Capital cites its appliance-category leadership, wider distribution, premiumisation, localisation and backward integration. [2] source: Mint Mint reported that LG's India TV market share is around 26% and its OLED value share is almost 59%. [3] source: Mint
Mint reported that LG raised air conditioner prices by 5-6% from 1 October. [4] source: Mint Equirus said on 29 September 2026 that AC makers need an additional 3 to 4 percentage point price hike to protect margins, and it prefers LG Electronics, Blue Star and Voltas. [5] source: CNBC-TV18 On 23 September 2026 Mint reported that India's revenue intelligence agency is investigating LG and Samsung over alleged underpayment of duties on imported OLED TV display parts, with a 5% concessional tariff claimed against the 15% duty authorities say applies. [3] source: Mint Business Standard reported LG Electronics' FY26 total income at ₹2,46,049.12 crore, up nearly 1%. [6] source: Business Standard BOB Capital initiated coverage at Buy with a ₹1,980 target in September 2026, and Motilal Oswal reiterated Buy with a target of Rs 2,080 against a market price of Rs 1,711. [2] source: Mint[1] source: NDTV Profit
Motilal Oswal cites the LG Essential portfolio, Sri City capacity expansion, deeper localisation and increasing exports as growth drivers. [1] source: NDTV Profit Citi backed LG Electronics and Havells on growth and margin prospects. [7] source: NDTV Profit In June 2025, LG, Voltas, Blue Star and Haier backed the government's 20 to 28 degrees Celsius default AC temperature norm. [8] source: Business Standard
Sources
Questions about LG Electronics
How fast is LG Electronics growing in India?
LG Electronics' FY26 total income was ₹2,46,049.12 crore, up nearly 1%, according to Business Standard's September 2026 report on Samsung India's results. [6] source: Business Standard
What is LG Electronics' current strategy in India?
LG Electronics raised air conditioner prices by 5-6% from 1 October 2026. [4] source: Mint Motilal Oswal, in October 2026, cites its Sri City capacity expansion, deeper localisation and increasing exports as drivers. [1] source: NDTV Profit BOB Capital, in September 2026, points to B2B HVAC and display expansion. [2] source: Mint
Who are LG Electronics' main competitors?
LG Electronics is named alongside Samsung in India's September 2026 probe over OLED TV display part duties. [3] source: Mint Equirus names LG with Blue Star and Voltas as its preferred AC makers. [5] source: CNBC-TV18 Mint puts LG's India TV market share at around 26%. [3] source: Mint
Stories that mention LG Electronics
1 story
LG Electronics is named in these stories but is not their subject.