{"id":34799,"date":"2026-06-29T10:07:14","date_gmt":"2026-06-29T04:37:14","guid":{"rendered":"https:\/\/fundsindia.com\/blog\/?p=34799"},"modified":"2026-06-29T12:13:01","modified_gmt":"2026-06-29T06:43:01","slug":"alpha-lg-electronics-india-ltd-equity-research-desk","status":"publish","type":"post","link":"https:\/\/www.fundsindia.com\/blog\/equities\/alpha-lg-electronics-india-ltd-equity-research-desk\/34799","title":{"rendered":"Alpha | LG Electronics India Ltd. &#8211; Equity Research Desk"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd-.png\"><img loading=\"lazy\" width=\"1024\" height=\"512\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd--1024x512.png\" alt=\"\" class=\"wp-image-34814\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd--1024x512.png 1024w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd--300x150.png 300w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd--768x384.png 768w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd--1536x768.png 1536w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/LG-Electronics-India-Ltd-.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">LG Electronics India Ltd. &#8211; From Domestic to Global<\/span><\/strong><\/h2>\n\n\n\n<p>LG Electronics India Limited, incorporated in 1997, is among India&#8217;s largest consumer durables and electronics companies and the market leader across washing machines, refrigerators, air conditioners and televisions, including the premium OLED segment. It operates through two segments &#8211; Home Appliances &amp; Air Solution (air conditioners, refrigerators, washing machines, microwave ovens, dishwashers, and water and air purifiers) and Home Entertainment (televisions, audio-visual products, monitors and personal computers). Anchored by a &#8220;Make in India, Make for India, Make India Global&#8221; strategy, it manufactures domestically and is building additional capacity through a new plant at Sri City, Andhra Pradesh.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-31.png\"><img loading=\"lazy\" width=\"757\" height=\"507\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-31.png\" alt=\"\" class=\"wp-image-34802\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-31.png 757w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-31-300x201.png 300w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><\/a><\/figure>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Products and Services<\/span><\/strong><\/h2>\n\n\n\n<p>LG Electronics India operates across two segments:<\/p>\n\n\n\n<ul><li>Home Appliances &amp; Air Solutions: Manufactures and markets refrigerators, washing machines, room air conditioners, microwave ovens, and dishwashers, with a growing B2B business spanning commercial air conditioning and annual maintenance contracts.<\/li><li>Home Entertainment: Offers panel televisions (including OLED and large-screen premium formats), monitors, and information display solutions such as commercial signage and electronic blackboards targeting institutional and government customers.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32.png\"><img loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32-1024x683.png\" alt=\"\" class=\"wp-image-34803\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32-1024x683.png 1024w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32-300x200.png 300w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32-768x512.png 768w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32-1536x1025.png 1536w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-32.png 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong>Subsidiaries<\/strong> &#8211; As of FY25, the company does not have any subsidiaries or joint ventures.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-33.png\"><img loading=\"lazy\" width=\"827\" height=\"309\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-33.png\" alt=\"\" class=\"wp-image-34804\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-33.png 827w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-33-300x112.png 300w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-33-768x287.png 768w\" sizes=\"(max-width: 827px) 100vw, 827px\" \/><\/a><\/figure>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Investment Rationale<\/span><\/strong><\/h2>\n\n\n\n<ul><li><strong>Export as an Incremental Growth Engine<\/strong> &#8211; The company is pivoting meaningfully towards exports as a structural revenue diversifier, moving beyond its core domestic franchise. The company has already made early inroads &#8211; large-capacity refrigerators are being exported to advanced markets in Q1FY27, and the Essential Series has been launched across neighbouring countries, with distribution now spanning 22 export destinations. Management has reiterated guidance to double export revenue in FY27, with a medium-term ambition to scale export contribution from the current ~7% of revenue to mid-teen levels. The company is actively building a dedicated export organisation and infrastructure, diversifying its product portfolio for international markets, and expanding its distributor network. The macro tailwinds are favourable: the India-US and India-EU trade negotiations, combined with LG&#8217;s global positioning of India as a manufacturing hub under its &#8220;Make India Global&#8221; strategy, provide a structural cost advantage relative to competing export origins. As the Sri City plant ramps up export-led revenue should add an incremental growth layer.<\/li><\/ul>\n\n\n\n<ul><li><strong>Sri City: Capacity, Localisation, and the Export Hub of the Future<\/strong> &#8211; Construction of the company\u2019s third manufacturing facility at Sri City, Andhra Pradesh is progressing in line with internal timelines, with compressor production scheduled for Q3FY27 and room air conditioner manufacturing commencing in Q4FY27. The facility, backed by a total planned investment of \u20b950 billion, is being positioned as both a domestic capacity expansion and a dedicated premium export hub &#8211; directly supporting management&#8217;s goal of doubling exports and reducing dependence on imported components. What makes Sri City particularly compelling from a capital allocation standpoint is the funding structure: with a cash and bank balance of \u20b944.76 billion as of March 2026, LG India has the full capacity to fund this investment through internal accruals, avoiding dilution or leverage. The plant will also strengthen LG&#8217;s presence in the high-growth South India market, reduce pan-India logistics costs, and provide the manufacturing base to introduce compressor localisation. As the facility moves from capex to revenue generation through FY27 and FY28, it should serve as a tangible re-rating trigger, converting the current investment overhang into visible capacity-led earnings growth.<\/li><\/ul>\n\n\n\n<ul><li><strong>Premiumisation and Margin Recovery<\/strong> &#8211; FY26 margins were compressed by a confluence of transitory headwinds &#8211; rupee depreciation, elevated copper and aluminium prices, and deliberate channel investment spend of ~110 bps, but the underlying product mix trajectory points firmly towards margin expansion. Premium categories drove incremental revenue in FY26: fully automatic washing machines, French door refrigerators, and 5-star rated ACs all delivered higher average selling prices, while the dishwasher business doubled its revenue as urban consumers increasingly adopt the category. In televisions, LG commands a dominant 60% OLED market share, insulating it from volume-driven price competition at the premium end. Beyond the product mix, two structural margin drivers are gaining scale: the AMC (Annual Maintenance Contract) business, which is a high-margin recurring revenue stream deepening post-sale customer relationships, and the B2B segment, which is seeing strong order inflows from government infrastructure, IT parks, commercial real estate, and the hospitality sector. Localization, now at 55.2% and guided to improve 1 &#8211; 2 percentage points annually, will progressively reduce FX sensitivity and import-led cost volatility. Management has guided FY27 EBITDA margins at early-teen levels, broadly restoring FY25 profitability.<\/li><\/ul>\n\n\n\n<ul><li><strong>Q4FY26<\/strong> &#8211; During the quarter, the company reported consolidated revenue of \u20b98,054 crore, up 8.1% YoY from \u20b97,448 crore in Q4FY25 (and up 95.7% QoQ on the seasonal cooling-led upcycle). EBITDA stood at \u20b9945 crore, down 9.8% from \u20b91,048 crore in the corresponding quarter, with EBITDA margin compressing to 11.7% (versus 14.1% in Q4FY25). Net profit came in at \u20b9693 crore, down 8.2% YoY from \u20b9755 crore in Q4FY25. The roughly 250 bps margin contraction reflected strategic channel-promotion investments, rupee depreciation and elevated commodity costs, alongside higher e-waste compliance costs, even as record 1 million-plus air-conditioner sales and a richer premium mix drove the topline.<\/li><\/ul>\n\n\n\n<ul><li><strong>FY26<\/strong> &#8211; During FY26, the company generated consolidated revenue of \u20b924,605 crore, an increase of 1.0% over FY25. EBITDA stood at \u20b92,408 crore, down 22.6% YoY, with EBITDA margin at 9.8%. The company reported a net profit of \u20b91,685 crore, down 23.5% YoY.<\/li><\/ul>\n\n\n\n<ul><li><strong>Financial Performance<\/strong> &#8211; The 3-year revenue and net profit CAGR stands at around 7% and 8% respectively between FY24-26. The company is effectively debt-free, with a debt-to-equity ratio of about 0.06 comprising only lease liabilities. The 3-year average ROE and ROCE are around 34% and 45% for the FY24-26 period.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-34.png\"><img loading=\"lazy\" width=\"755\" height=\"354\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-34.png\" alt=\"\" class=\"wp-image-34805\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-34.png 755w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-34-300x141.png 300w\" sizes=\"(max-width: 755px) 100vw, 755px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-35.png\"><img loading=\"lazy\" width=\"756\" height=\"221\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-35.png\" alt=\"\" class=\"wp-image-34806\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-35.png 756w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-35-300x88.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/a><\/figure>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Industry<\/span><\/strong><\/h2>\n\n\n\n<p>India&#8217;s consumer durables sector is among the fastest-growing pillars of the country&#8217;s manufacturing economy, supported by rising disposable incomes, low household penetration, premiumisation and a sustained &#8220;Make in India&#8221; push toward import substitution. The appliances and consumer electronics market was valued at around US$ 75 billion in 2024 and is projected to nearly double to roughly US$ 149 billion by 2033, compounding at about 7.7%. The market is broadly split between consumer electronics (brown goods) and consumer appliances (white goods), with the white-goods segment highly concentrated &#8211; the top five players hold over 75% of the washing machine and refrigerator markets and around 55-60% in air conditioners and fans. Currently contributing about 0.6% of GDP, the sector is expected to become the world&#8217;s fourth-largest consumer durables market by FY27, growing at an ~11% CAGR, with demand increasingly led by premium, large-screen and energy-efficient products, recent GST rate cuts, and faster offtake from rural and semi-urban markets.<\/p>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Growth Drivers<\/span><\/strong><\/h2>\n\n\n\n<ul><li>100% FDI is permitted under the automatic route for electronics hardware manufacturing, supporting capacity build-out and the localisation of global supply chains in India; electronic goods attracted cumulative FDI inflows of \u20b956,651.88 crore (US$ 7.67 billion) between April 2000 and December 2025.<\/li><li>GST rate cuts effective September 2025 &#8211; including a reduction on televisions above 32 inches from 28% to 18%, alongside cuts on room air conditioners have revived demand and accelerated premiumisation and large-screen adoption, with some manufacturers reporting 30 &#8211; 35% sales growth on the first day of the new rates.<\/li><li>The Production-Linked Incentive (PLI) scheme for white goods (air conditioners and LED lighting), with an outlay of \u20b96,238 crore, continues to deepen domestic manufacturing and component localisation.<\/li><\/ul>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Peer Analysis<\/span><\/strong><\/h2>\n\n\n\n<p><strong>Competitors:<\/strong> Whirlpool of India Ltd, Voltas Ltd etc. <\/p>\n\n\n\n<p>Compared with its peer set, the company combines one of the largest scales in the listed Indian consumer-durables space with a markedly superior return profile and category-leading market positions, generated on a debt-free, cash-rich balance sheet.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-36.png\"><img loading=\"lazy\" width=\"1024\" height=\"151\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-36-1024x151.png\" alt=\"\" class=\"wp-image-34807\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-36-1024x151.png 1024w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-36-300x44.png 300w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-36-768x113.png 768w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-36.png 1442w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Outlook<\/span><\/strong><\/h2>\n\n\n\n<p>Having delivered its highest-ever quarterly revenue in Q4FY26, LG Electronics India enters FY27 with visible demand momentum &#8211; room air conditioners and washing machines are seeing strong early-season offtake, with premium refrigerators including side-by-side and French door models adding incremental mix uplift. Management has guided for mid-teen revenue growth in FY27, underpinned by a two-track strategy that simultaneously scales premium categories and addresses the mass-premium segment through the Essential Series. On margins, the company targets early-teen EBITDA levels in FY27 &#8211; an improvement over FY26 &#8211; supported by industry-wide price increases already underway, progressive localization gains, and the gradual unwinding of the channel investment spend that weighed on FY26 profitability. The Sri City plant commissioning, with compressor production expected in Q3FY27 and RAC lines in Q4FY27, adds a capacity and export dimension to the growth outlook that should become incrementally earnings-accretive through FY28.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-38.png\"><img loading=\"lazy\" width=\"1024\" height=\"712\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-38-1024x712.png\" alt=\"\" class=\"wp-image-34810\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-38-1024x712.png 1024w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-38-300x208.png 300w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-38-768x534.png 768w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2026\/06\/image-38.png 1226w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">Valuations<\/span><\/strong><\/h2>\n\n\n\n<p>LG Electronics India stands at an inflection point &#8211; market leadership, a self-funded Sri City expansion, and an export ramp converging to drive a structural earnings upgrade over FY27-28. We recommend a BUY rating in the stock with the target price (TP) of \u20b91,875, 51x FY28E EPS. We also encourage maintaining a stop-loss at 20% from the entry price to manage potential downside risk effectively.<\/p>\n\n\n\n<h2><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\">SWOT Analysis<\/span><\/strong><\/h2>\n\n\n\n<table style=\"width:100%; border-collapse:collapse; font-family:Arial, sans-serif; font-size:14px;\">\n  <tr>\n    <td style=\"width:50%; background-color:#1a7a4a; color:#ffffff; font-weight:bold; padding:10px 12px; text-align:center; border:1px solid #ccc;\">Strength<\/td>\n    <td style=\"width:50%; background-color:#e67e22; color:#ffffff; font-weight:bold; padding:10px 12px; text-align:center; border:1px solid #ccc;\">Weakness<\/td>\n  <\/tr>\n  <tr>\n    <td style=\"padding:12px; vertical-align:top; border:1px solid #ccc; background-color:#eafaf1;\">\n      <ul style=\"margin:0; padding-left:16px; line-height:1.7;\">\n        <li>#1 market position across refrigerators, washing machines, ACs, and panel TVs.<\/li>\n        <li>Debt-free balance sheet with \u20b944.76 billion cash, fully funding Sri City internally.<\/li>\n        <li>60% OLED market share underscores premium brand positioning.<\/li>\n      <\/ul>\n    <\/td>\n    <td style=\"padding:12px; vertical-align:top; border:1px solid #ccc; background-color:#fef5e7;\">\n      <ul style=\"margin:0; padding-left:16px; line-height:1.7;\">\n        <li>High import dependency (~45%) creates structural FX sensitivity.<\/li>\n        <li>Revenue skewed towards seasonal, compressor-led categories &#8211; vulnerable to weather disruptions.<\/li>\n      <\/ul>\n    <\/td>\n  <\/tr>\n  <tr>\n    <td style=\"background-color:#2471a3; color:#ffffff; font-weight:bold; padding:10px 12px; text-align:center; border:1px solid #ccc;\">Opportunities<\/td>\n    <td style=\"background-color:#c0392b; color:#ffffff; font-weight:bold; padding:10px 12px; text-align:center; border:1px solid #ccc;\">Threats<\/td>\n  <\/tr>\n  <tr>\n    <td style=\"padding:12px; vertical-align:top; border:1px solid #ccc; background-color:#eaf4fb;\">\n      <ul style=\"margin:0; padding-left:16px; line-height:1.7;\">\n        <li>Export ramp targeting mid-teen revenue contribution, backed by India-US\/EU trade tailwinds.<\/li>\n        <li>Premiumisation across French door refrigerators, 5-star ACs, and OLED TVs driving ASP expansion.<\/li>\n        <li>AMC business emerging as a high-margin, recurring revenue stream.<\/li>\n      <\/ul>\n    <\/td>\n    <td style=\"padding:12px; vertical-align:top; border:1px solid #ccc; background-color:#fdedec;\">\n      <ul style=\"margin:0; padding-left:16px; line-height:1.7;\">\n        <li>Intensifying competition from Korean, Chinese, and domestic peers in mass-premium segments.<\/li>\n        <li>Supply chain disruptions in key components could compress margins and impair delivery timelines.<\/li>\n      <\/ul>\n    <\/td>\n  <\/tr>\n<\/table>\n\n\n\n<p><a href=\"https:\/\/www.fundsindia.com\/user\/equity?utm_source=clicks&amp;utm_medium=Blog&amp;utm_campaign=Alpha_Blog_Clicks&amp;utm_term=Blog_CTA\"><img loading=\"lazy\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXceS__GzRS05ubM2opGwf3LkP5BWGjd0wY0nxrnt_yWACJbd9vZEZc0CSi02xWxObbTrv9Xj4_J0fNjfyYBjCMDsCUCQ1VkTZNr6yPlKsknTTO0RAiMxDRumhCaY8KArzlK1m_VJYk1N6Pa1mSpegI?key=HdXWVtHJW8EEqiLEr-EHwsuq\" width=\"300\" height=\"43\"><\/a><\/p>\n\n\n\n<p><strong>Disclaimer<\/strong>: Investments in the securities market are subject to market risks, read all related documents carefully before investing. Securities quoted here are exemplary, not recommendatory. Please consult your financial advisor before investing. Please note that we do not guarantee any assured returns for the securities quoted here.<\/p>\n\n\n\n<p>Research disclaimer: Investment in the securities market is subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n\n\n\n<p>For more details, please read the <a href=\"https:\/\/fundsindia-marketing-assets.s3.ap-south-1.amazonaws.com\/Disclaimer-final.pdf\">disclaimer.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LG Electronics India Ltd. &#8211; From Domestic to Global LG Electronics India Limited, incorporated in 1997, is among India&#8217;s largest consumer durables and electronics companies and the market leader across washing machines, refrigerators, air conditioners and televisions, including the premium OLED segment. It operates through two segments &#8211; Home Appliances &amp; Air Solution (air conditioners, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":34814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[743,59],"tags":[744,1095,1033,745,1063,1319,1257,522,1246],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>From Domestic Leadership to Global Growth<\/title>\n<meta name=\"description\" content=\"Premiumisation, Export Expansion, Sri City Capacity Addition &amp; Strong Consumer Durables Franchise\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/equities\/alpha-lg-electronics-india-ltd-equity-research-desk\/34799\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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