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South Korean consumer electronics major LG expects India to remain its largest market globally for residential air conditioners by sales volume, with the country offering significant growth potential.
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India
Who
Kiyoon Seong, Head of Eco Solution Asia/India Sales & Marketing Department, LG Electronics
What
South Korean consumer electronics major LG expects India to remain its largest market globally for residential air conditioners by sales volume, with the country offering significant growth potential.
When
Mon, 15 Jun 2026 10:28:42 GMT · 3h 7m ago
Where
India ·
Why
India has a large population and relatively low AC penetration, which indicates significant growth potential, and is already one of LG's top three HVAC markets globally.
The Frontline Impact
How this affects you
LG Electronics anticipates India will consistently be its top global market for residential air conditioners due to high growth potential. The company also sees room for expansion in India's commercial air conditioning sector, despite facing cost pressures from rising material and component prices.
Story chain
2 events in this thread- Markets3h 7m agoLG expects India to remain its largest market globally for residential air conditioners by sales volume, with the country offering significant growth potential.Open article
- Currently Reading3h 7m agoSouth Korean consumer electronics major LG expects India to remain its largest market globally for residential air conditioners by sales volume, with the country offering significant growth potential.