MAM

LG Colour TV sales Sky Rocket, break all Records

LG achieves record sales of 4.75 lakh units of CTVs

Turnover exceeds Rs 2100 crores during the festive seaso

Mumbai, December 21, 2005? LG Electronics India Pvt. Ltd., the leading consumer durable company in the country, has achieved a landmark turnover of Rs. 2100 crores during the festive season this year. The auspicious occasion of Diwali marked a boom in the sales of every LG product category especially in the colour television category. LG surpassed sales of 4.75 lakh colour televisions during the festive season thus recording the highest sales by LGEIL in this category.

The Flat TVs have had an extraordinary impact on the over all sales of the colour television segment. The Flat TVs this year have been exceptionally well received by our customers. We at LGEIL sold 2.73 lakh units of flat TVs and 2.02 units of Normal TV's during the month of October. We have been able to accomplish such outstanding numbers in the flat and conventional colour television category due to the immense faith of our customers in the brand which makes LG the most preferred brand at all times, through out the year.

An elated Mr. Girish Rao, Vice President - Sales, LGEIL said, "I am very pleased to announce the remarkable sales target achieved. This has been possible as a result of the relentless efforts and dedication of every employee who has strived towards achieving this goal and the support of our valued customers. It was this faith reposed in LG by our customers which enabled us to clock sales of 1 million units during the festival season. The results make us more confident of being able to build on the success and further augment our growth with more consumer oriented and feature rich products in exceeding our expectations".

Speaking on the outstanding achievement, Mr. Amitabh Tiwari, National Head ? CTV, LGEIL said, "Our team is well prepared to face competition within the industry. It is the strength of our team and our network that we have been able to achieve the landmark figure. We are way ahead in the Colour television category and have set a benchmark for the industry to follow. We are elated to have created history in the color television category by achieving a turnover of Rs. 392 crores in the month of October. "

*The festive season has been taken from the 1 st Of September till the 10th Of November.

About LG Electronics India Pvt. Ltd.

LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG Electronics, South Korea was established in January 1997 in India. One of the most formidable brands in the consumer durable and home appliances segment, LGEIL has an impressive portfolio of Color Televisions, Washing Machines, Air-Conditioners, Microwave Ovens, Refrigerators (Direct Cool and Frost Free), PCs, Vacuum Cleaners, Audio Systems, DVDs, PDPs, optical storage devices, Laptops and GSM mobile phones. In India for over eight years, LG has earned a premium brand positioning due to its superior quality, high product performance, revolutionary technological delivery and warm service. LG is the acknowledged trendsetter for the consumer durable industry in India wxcith the fastest ever nationwide reach, latest global technology and product innovation.

LGEIL has achieved a turnover of Rs 6500 crore in 2004 and aims to be a USD 10 Billion company by 2010, with an investment of USD 250 million allocated over the next five years to the Indian market. LGEIL's first manufacturing unit at Greater Noida is one of the most eco-friendly units among all LG manufacturing plants in the world. The new and second Greenfield facility of LG Electronics India located at Ranjangaon, Pune has the capacity to manufacture GSM Mobile Phones. Color Televisions, Air Conditioners, Refrigerators, Washing Machines, Microwave Ovens and Color Monitors and is operational since October last year. LGEIL also plans to produce 20 million mobile handset units by 2010 at this new state-of-the-art facility ? This is India's first mobile phone manufacturing unit.

For further information contact

Janice/ Lorraine

Hanmer & Partners

9819316878 / 9819890093

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/signpost_1.jpg?itok=cu9GGOG1
Signpost India and NDMC to enable free Wi-Fi Zones in CBD area of New Delhi

Signpost India, India’s largest digital Out-of-Home (OOH) enterprise, has worked on a project with the senior team of New Delhi Municipal Council (NDMC) and Mahanagar Telephone Nigam Limited (MTNL) for the launch of NDMC’s Smart City Project at Charka Park, Connaught Place, New Delhi on Monday,...

MAM Media and Advertising AD Agencies
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/ptretty.jpg?itok=NFjlGmRT
PrettySecrets Urges Freedom From Boring This Independence Day With Their Campaign #BreakFreeFromBoring

Women have come a long way in terms of lingerie; once there was a time when women would be ashamed to talk about lingerie and ask for one to a male shopkeeper, where in today’s time the mindset has changed.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/yes.jpg?itok=NOIa-CXa
S Yesudas launches Y&A Transformation

S Yesudas, former MD and co-founder of Triggerbridge and MD Vizeum (Dentsu Aegis) has launched his new venture, a business transformation company, Y&A Transformation.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/aegon.jpg?itok=or6dS9q8
AEGON Life Insurance launches video series campaign

MUMBAI: Aegon Life Insurance, India’s digital insurance company, recently rolled out its video series campaign named ‘AEGONs of Business’, to bring forth the journey of entrepreneurs who took the unconventional path towards success.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/wat.jpg?itok=58eoDB8C
Artemis Hospitals, WATConsult highlight the importance of pledging organs

Due to the lack of organ donation approximately 5 lakh people across the nation die each year as there is a huge demand-supply gap between the number of transplants awaited and the organs available.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/gold.jpg?itok=L3yRKJeg
BookMyShow releases ad for I-day release ‘Gold’

BookMyShow has launched an ad celebrating Independence Day with Akshay Kumar starrer Gold which covers Balbir Singh’s triumphant journey that helped India to win the first ever gold medal for hockey at the Olympics.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/asian_0.jpg?itok=zeFO0r2y
Qatar Airways is the Prestige Partner and Official Airline of the 18th Asian Games Jakarta Palembang 2018

Qatar Airways is proud to announce that it is the Prestige Partner and Official Airline of the 18th Asian Games Jakarta Palembang 2018, taking place in Jakarta and Palembang, Indonesia, from 18 August until 2 September 2018. The highly-anticipated sporting event will bring athletes from 45...

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/sejal.jpg?itok=xIkqe1mi
Publicis Media Exchange appoints Sejal Shah as managing partner and head

Publicis Media India today announced Sejal Shah as managing partner and head of Publicis Media Exchange (PMX - Mainline) which is the central investment practice of PM.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/Malaysian_tourism.jpg?itok=6IDY8-7p
Post flight MH370 fiasco, Malaysian tourism faces uphill battle

“Malaysia, truly Asia!” Or is it? What was once the hottest vacation destinations is now not so popular. All because of the disappearance of Malaysian airline MH370 in 2014. The country’s tourism, which was once booming with international tourists, has now taken a hit as tourists have been avoiding...

MAM Marketing Brands

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories