LG records hot sales as it sells 1 million ACs in CYQ1; Co to expand Sri City plant
ET Online April 02, 2026 09:38 PM
Synopsis

LG Electronics India achieved a record start to the summer season selling over one million air conditioners in the January-March quarter of 2026. This surge highlights strong demand for cooling products and energy-efficient appliances. LG plans to expand production at its new Sri City facility to meet rising demand.

Representative image.
LG Electronics India Thursday said it sold more than 1 million air conditioners in the January–March quarter of 2026, marking the fastest start to a summer season for the company in the country.

The company said the milestone reflects strong demand for cooling products in India as temperatures rise and consumers shift toward energy-efficient appliances. The sales surge also strengthens LG’s position in India’s competitive air conditioner market.

To support rising demand, the company said it will scale up production through its upcoming manufacturing facility in Sri City, Andhra Pradesh, later this year. The expansion is part of LG’s localisation strategy and aligns with the government’s Make in India initiative.


“Crossing 1 million AC sales in a single quarter is not just a commercial milestone – it is a powerful statement of the trust that millions of consumers place in LG every day. India is one of LG’s most strategically vital markets globally, and this result reflects the depth of our commitment to our consumers, our partners, and to India’s sustainable development,” said Hong Ju Jeon, managing director of the company.

The company said early availability of its Bureau of Energy Efficiency (BEE) compliant air conditioners and seasonal marketing campaigns helped drive demand at the start of the summer season.

LG also expanded its product range during the quarter with models ranging from 0.8-ton air conditioners for compact homes to 2-ton 5-star units for larger households, targeting buyers across price segments.

“Building on this momentum, we are focused on delivering advanced, energy-efficient cooling solutions tailored for domestic and global consumers. Our premium AC range with Energy Manager Plus, better capacities, and a more comprehensive portfolio cater to Indian consumers’ diverse needs across segments. We are highly motivated with our first quarter ACs performance and anticipate a stronger demand in Q2 of CY2026 aided by the GST cuts on ACs,” said Sanjay Chitkara, Director & Co-Chief Sales and Marketing Officer, LG Electronics India.

Apart from meeting domestic demand, LG said its India-made air conditioners are also exported to markets such as Sri Lanka, Nepal, Bangladesh and parts of Southeast Asia.
© Copyright @2026 LIDEA. All Rights Reserved.