LG Electronics India has achieved a landmark milestone by selling over 1 million air conditioners during the first quarter of calendar year 2026, marking the fastest and strongest start to a summer season in the company's history in India. This record-breaking performance was announced through an official press release under Regulation 30 of SEBI regulations on April 02, 2026.

Record-Breaking Sales Achievement

The achievement of selling over 1 million air conditioning units in a single quarter represents a significant milestone that underscores LG Electronics India's exceptional execution capabilities and supply chain agility. This performance cements the company's position as the decisive leader in India's fast-growing and highly competitive air conditioner market.

Executive Leadership Perspective

Commenting on this landmark achievement, Mr. Hong Ju Jeon, Managing Director, LG Electronics India, stated that crossing 1 million AC sales in a single quarter is not just a commercial milestone but a powerful statement of consumer trust. He emphasized that India is one of LG's most strategically vital markets globally, reflecting the company's deep commitment to consumers, partners, and India's sustainable development.

Mr. Sanjay Chitkara, Director & Co-Chief Sales and Marketing Officer, highlighted the company's focus on delivering advanced, energy-efficient cooling solutions tailored for domestic and global consumers. He expressed strong motivation with the first quarter performance and anticipated stronger demand in Q2 CY26, aided by GST cuts on air conditioners.

Strategic Market Positioning

A key driver of this achievement was LG Electronics India's first-mover advantage in launching its new BEE star-rated compliant AC line-up well ahead of the season. This strategic timing ensured that retail partners and consumers could seamlessly transition to superior, energy-efficient products without disruption. The company's marketing campaign during the ICC World Cup delivered significant reach and consumer engagement, driving unprecedented brand salience and purchase intent.

Innovation and Technology Leadership

LG Electronics India's 2026 AC range features differentiated smart technologies addressing Indian consumer needs. The PreCool feature enables remote cooling activation, while HimClean proprietary technology ensures sustained hygiene and peak performance in India's high-dust, high-humidity environment. Energy Manager Plus provides real-time power consumption visibility, addressing electricity cost concerns that remain barriers to AC adoption in India.

The company's flagship 6-in-1 Convertible Cooling technology offers operational flexibility with rated cooling capacity up to 5300W and maximum capacity of 6300W. Additionally, the Government of India's GST reduction on air conditioners from 28% to 18% has improved affordability and accelerated energy-efficient cooling democratization across urban and semi-urban India.

LG Electronics India has successfully deployed advanced HVAC solutions at the newly inaugurated Prime Minister's Office building, 'Seva Teerth'. The deployment represents a significant milestone in the company's contribution to India's modern infrastructure development with cutting-edge climate control technology designed for large institutional facilities.

HVAC System Specifications

The company installed a comprehensive Variable Refrigerant Flow (VRF) air-conditioning system with impressive technical specifications:

The VRF systems are engineered specifically for Indian conditions and designed to operate at full capacity without deration even at temperatures up to 39°C as per internal product testing standards, ensuring consistent and efficient cooling performance during peak summer months.

Make in India Initiative

The system was supplied from LGE India's Pune manufacturing facility, reinforcing the company's commitment to supporting India's Make in India initiative and furthering the push towards an Atmanirbhar India. This deployment showcases the company's manufacturing capabilities and commitment to strengthening India's HVAC ecosystem through locally produced high-performance solutions.

Advanced Technology Features

The VRF system incorporates several advanced technologies tailored for high performance and reliability:

• Advanced energy-efficient technologies
• Enhanced durability through black fin heat exchangers
• Optimized performance in high ambient conditions
• Centralized management capabilities
• Real-time monitoring systems

To enhance operational efficiency and centralized monitoring, the installation includes LGE India's AC Smart 5 Intelligent Control Platform, with eight units deployed across the facility enabling centralized management, real-time monitoring, and optimized performance.

Management Commentary

Mr. Hong Ju Jeon, Managing Director and Chief Sales and Marketing Officer, LGE India, emphasized the significance of this project: "LGE India is honoured to have contributed to the Respected Prime Minister's Office building, Seva Teerth. As India undergoes a transformative phase of infrastructure development, the role of intelligent, energy-efficient climate control systems is becoming increasingly critical."

He further highlighted the company's commitment to India's HVAC ecosystem: "With our Make in India manufacturing capabilities, we are committed to strengthening India's HVAC ecosystem by delivering high-performance solutions designed for the country's diverse climatic conditions. As demand for energy-efficient buildings grows, LGE India aims to contribute to this transition by bringing cutting-edge technologies that enable future-ready infrastructure for India."

Strategic Significance

This project marks another milestone in LGE India's contribution to India's modern infrastructure with high-efficiency climate control technology designed for large institutional facilities. It reinforces the company's commitment to expanding its footprint in India's commercial air-conditioning segment by delivering high-efficiency VRF systems in important infrastructure projects.