LG Become s Market Leader in Dual Inverter AC

LG Electronics announced on July 15 that it has sold over one million dual inverter air conditioners in India during the January to June 2022 period, which has helped it to become the leader in the dual inverter air conditioner market. The announcement comes at a time when LG has committed to invest in manufacturing air conditioner components such as compressors and heat exchangers in India under the government’s Production Linked Incentive (PLI) scheme. This will be the first time the company will be manufacturing these components in the country.