24-September-2026
Corporate News
 
LG turns to richer product mix as costs rise
23-Sep-2026

LG India will look to absorb further input cost pressures through a richer premium product mix and operational efficiencies to avoid another round of price hikes, Sanjay Chitkara, Director and Co-Chief Sales and Marketing Officer, LG India, said. The consumer durables major, which has already taken two price increases, will take a calibrated, category-specific call on pricing if costs remain elevated, while balancing profitability with consumer affordability.

News Source:- https://www.financialexpress.com/business/news-lg-turns-to-richer-product-mix-as-costs-rise-4344985/