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Our Bureau

New Delhi, Oct. 19

Consumer electronics major LG Electronics India has expanded its refrigerator range, as it anticipates a turnover of Rs 1,400 crore from the category in the current fiscal. This is in line with its plans to touch consolidated revenues of Rs 10,000 crore in the next two years.

``The current range would help us achieve consolidated turnover to the tune of Rs 10,000 crore in the next two years. The company is well on its way to achieve Rs 8,500 crore above the line revenues by the end of this fiscal," Mr Girish V. Rao, V-P, Sales and Marketing, LG Electronics India, said. "With this launch, LG has strengthened its premium product portfolio, and we are confident that customers will appreciate this range and help us capture a 35 per cent share in the domestic market,'' LG Electronics India Managing Director, Mr Moon B. Shin, said.

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