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New Delhi, December 7 ()
A senior official at LG Electronics India said on Friday that the company plans to add more products under the B2B portfolio, as the company sees the area as "future business ".
As a result, the company expects its contribution to the B2B sector to increase significantly in the coming years.
"B2B is our future business.
Kim Ki Wan, managing director of LG Electronics India, told us: "We are gaining market share in segments such as hotel TV and digital signage market . ".
In other areas such as commercial aviation
We are winning market share.
"We have achieved significant growth in the commercial air conditioning sector," he said . ".
At present, LG's total sales in the B2B market in India are about 8 to 10.
LG Electronics India reported a turnover of about Rs 16,000 in fiscal 17,000 to RS 201617.
The company will also continue to launch products and add more vertical products each year in the consumer business area.
"We have introduced new products such as water purifiers and air purifiers. This year we will launch ceiling fans with artificial intelligence functions (AI)," it said.
LG Electronics India launched an innovative landmark on Friday
This is the first product made in India using 63 flexible curved OLED panels.
"This will help consumers understand LG and its new OLED technologies," he said . " LG was made using 63 custom products, he added
Curved OLED panel.