LG Electronics said on the 15th that it will push to expand its local B2B business in India by front-loading products and parts solutions optimized for the market.
LG Electronics took part in ACREX 2026, a heating, ventilation and air conditioning (HVAC) exhibition held in Mumbai, India, from the 12th, and showcased HVAC solutions spanning finished goods and core parts.
In particular, targeting the Indian market, where home appliance demand is expected to increase with rapid economic growth, the company for the first time set up a dedicated booth for parts solutions in addition to the existing air conditioner and HVAC product display zone, highlighting its competitiveness in core parts for B2B.
The newly unveiled compressor models are characterized by high durability, high efficiency, and powerful cooling and refrigeration performance, taking into account an unstable power grid, harsh climates, and tightening energy efficiency regulations.
Refrigeration and freezing compressors enhanced durability by applying a design that minimizes impact during abrupt stops caused by power outages while operating. They also adopted a high-efficiency, downsized design that improves energy efficiency while reducing size by more than 10% compared with previous models, increasing usable refrigerator space.
The air-conditioning compressors have a wide lineup, from 1–2 RT (refrigeration ton) models used in Indian household air conditioners to 27 RT models used in commercial air conditioners. In particular, the commercial products use R32 refrigerant with a low global warming potential (GWP), boosting responsiveness to environmental regulations.
Alongside this, it showcased HVAC solutions tailored to the local Indian market. A prime example is the Multi V 5, a high-capacity system air conditioner that can operate stably across India's diverse climate conditions, from extreme heat to severe cold. Energy efficiency was improved through proprietary three-stage compression technology based on an inverter compressor and a technology that controls the refrigerant charge in real time during heating and cooling.
In line with its India localization strategy, LG Electronics is producing major parts lineups at local factories in India. Following the Noida and Pune plants, it plans to start operating the Sri City plant in the second half of this year, with plans to expand production capacity for India-customized B2B parts and India-specific home appliances.
According to market research firm IMARC, the Indian air conditioner market was worth $6.15 billion last year and is projected to grow at an average annual rate of 15% from 2026 to reach about $21.59 billion by 2034.
Jeon Hong-ju, head of LG Electronics in India, said, "We will establish ourselves as a trusted business partner for corporate customers through innovative parts solutions optimized for the local Indian environment and, further, leap forward as a national company in the B2B sector."