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LG Electronics India is putting lots of emphasis in expanding its B2B and enterprises company with new items and offerings, which contributes around 10 per cent to its typical revenues. The company is asking to extend its B2B business to photo voltaic power solutions segment through next year.
Hemendu Sinha, Vice-President & enterprise Head, B2B, LG Electronics India, instructed BusinessLine, “we are exploring entry into the solar vigor options segment. we are doing some feasibility reports and are in talks with State governments, some crucial govt organizations and massive agencies. we can finalise our business plans within the next few months. The focus can be on B2B photo voltaic energy options phase.”
Globally, LG is a key player in the photo voltaic panels and solar storage solutions business.
The business on Wednesday launched a brand new product line for the B2B section akin to LED monitors, interactive digital boards, new latitude of out of doors display and a number of clear OLED screens. This includes a one hundred thirty-inch all-in-one LED screen without a seam or bezel. “commercial enterprise response has been very fantastic for LG B2B section and with this new latitude we will extra enhance our position,” he introduced. businesses, retail players, resorts, government bodies, Indian Railways and different transportation segments are probably the most key clients for LG India for such products.
“LG Electronics’ B2B business has been turning out to be at over 30 per cent and we intention to cross the turnover of ₹2,000 crore by means of 2019-end,” Sinha delivered.
The business is having a bet large on the out of doors display solutions segment. Sinha observed elements equivalent to rest of norms for outdoor displays by further and further civic our bodies and starting to be awareness amongst corporations about their effectivity is driving growth for digital out of doors displays and signages phase.
“With a becoming center of attention on digitisation of out of doors shows, we trust this might be one of the vital key engines for growth of our B2B company,” he delivered.
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