New Delhi, Jan 18 (KNN) After inaugurating a manufacturing line at LG Electronics India’s Pune plant on Tuesday, the electronics company announced that it will commence local production of side-by-side refrigerators in the country.

In addition to double-door and single-door refrigerators it will also manufacture side-by-side refrigerators to capture significant domestic manufacturing play in line with the country’s Make in India vision.

The facility is situated at Ranjangaon in Pune which has been set up with an investment of approximately Rs 200 crore.

“With an annual production capacity of 200,000 side-by-side refrigerator units, this manufacturing expansion will play a key role in addressing growing consumer demand and extending the company’s portfolio in the Indian market,” the company said in a statement.

It also manufactures wide range of electronics such as television sets, washing machines, air conditioners, and monitors.

“Localization has been a key differentiator as we have continuously developed products based on Indian insights. We are fully committed to PM Modi’s vision of Make in India. Last year we started manufacturing window inverter AC in India at the Noida manufacturing facility, this year we are starting side-by-side refrigerator production in India at Pune manufacturing facility, every year we are expanding our local production operations," said Hong Ju Jeon, managing director, LG Electronics India.

Jeon further confirmed that the company will also export from this facility, as he added that this expansion is a step forward in making Self-Reliant India.  (KNN Bureau)