LG sells over 1 million ACs in Q1

LG Electronics India (LGE India) said it has sold over 1 million air conditioners in the first quarter of calendar year 2026, marking the fastest and strongest start to a summer season in the company’s history in India.

Listen to this article

“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. We are investing heavily in innovation, distribution, localisation, and are expanding our AC manufacturing facility in Sri City to reinforce our commitment to the ‘Make in India’ initiative,” Hong Ju Jeon, Managing Director, LG Electronics India, said in a statement.

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, Sanjay Chitkara, Director & Co-Chief Sales and Marketing Officer, LG Electronics India, said.

The Government of India’s landmark GST reduction on air conditioners from 28 per cent to 18 per cent has been a structural game-changer for the industry, improving affordability and accelerating the democratisation of energy-efficient cooling across urban and semi-urban India, the company said.

Apart from domestic market, LGE India also exports its Made-in-India ACs to Sri Lanka, Nepal, Bangladesh, Southeast Asia, etc.

Latest

Amazon CEO Andy Jassy meets Modi, commits $48 billion investment

The investment plan includes an additional USD 13 billion...

EV brand Ampere crosses 4 lakh units

Ampere recorded a 51 per cent year-on-year growth in...

JSW Green invests in Lithium Urban

Lithium Urban Technologies is an integrated enterprise mobility platform,...

One Millionth TVS iQube Rolled out

Since its launch in 2020, TVS iQube has grown...

Newsletter

Don't miss

Amazon CEO Andy Jassy meets Modi, commits $48 billion investment

The investment plan includes an additional USD 13 billion...

EV brand Ampere crosses 4 lakh units

Ampere recorded a 51 per cent year-on-year growth in...

JSW Green invests in Lithium Urban

Lithium Urban Technologies is an integrated enterprise mobility platform,...

One Millionth TVS iQube Rolled out

Since its launch in 2020, TVS iQube has grown...

Iconic Norton Atlas rolls out at TVS Hosur Factory

The Atlas will be introduced to the India market...

Amazon CEO Andy Jassy meets Modi, commits $48 billion investment

The investment plan includes an additional USD 13 billion investment to expand the company’s AI and cloud infrastructure in the country by 2030. This takes...

EV brand Ampere crosses 4 lakh units

Ampere recorded a 51 per cent year-on-year growth in FY26, with its market share increasing from 3.6 per cent in FY25 to 4.4 per...

JSW Green invests in Lithium Urban

Lithium Urban Technologies is an integrated enterprise mobility platform, delivering end-to-end transportation solutions that combine electric fleets, multi-form-factor mobility, charging infrastructure, intelligent fleet management...