Retail in Asia

In Trends

LG India aims for INR3,000 crore turnover from refrigerator segment

Korean consumer durables major LG on Monday launched 23 models of its "Direct Cool" series of refrigerators in India and said it is aiming for a turnover of INR3,000 crore (INR30 billion, USD662 million) from the segment by the end of 2010.

The new series falls into the capacity segments of 215 to 270 litres and comes at a price range of INR11,500-15,500 (USD254-342).