LG India Enters Chest Freezer Market; Shares Rise 2.5%

Mumbai September, 17: LG Electronics India Limited has entered India’s chest freezer market with a new range of convertible chest freezers aimed at commercial customers, according to a press release issued on September 17, 2026. The new range allows users to switch between cooling and freezing modes, giving businesses greater flexibility depending on their storage requirements. LG said the products are designed for applications including frozen food, ice cream, dairy, pharmaceutical, food storage and other commercial uses.

The portfolio includes models with capacities of 102L, 205L, 315L and 530L. The company has introduced both PRO and PLUS variants across the range.

Stock Market Snapshot

The LG Electronics India share price was trading around ₹1,668 in the latest portion of the supplied market snapshot, compared with a reference level of approximately ₹1,628. This indicates a gain of about 2.5%.

The stock opened around ₹1,610 and quickly moved above ₹1,620 before recovering further. It crossed ₹1,650 during the morning and continued to climb towards ₹1,670.

The shares reached levels close to ₹1,675 around midday before moving back slightly. The latest portion of the chart showed the stock near ₹1,668.

The market movement is based on the supplied trading snapshot and has not been directly attributed to the launch of the chest freezer range.

Convertible Cooling Technology Targets Commercial Users

The new range is built around convertible cooling and freezing functionality. Select PRO models can switch between cooling and freezing modes, allowing businesses to adjust storage conditions based on their requirements.

LG said the PRO range provides a wider temperature range of around -31°C to +10°C, while PLUS models offer a temperature range of approximately -25°C to +5°C.

The company has positioned the range for businesses that require flexible cold storage, including food and beverage outlets, restaurants, dairy businesses, pharmacies and other commercial establishments.

Range Includes PRO And PLUS Models

The chest freezer portfolio comprises models across 102L, 205L, 315L and 530L capacities. The PRO models include features such as one-touch convertible operation, Ultra Freeze, digital temperature control and LED lighting.

The 315L and 530L PRO models carry a 5-star BEE rating, according to the company’s product information. The range also includes 7.5-star BEE-rated models, depending on the configuration.

LG said selected models are equipped with features including fast cooling, temperature display, insulated doors and cabinet construction designed for commercial use.

LG Targets Flexible Commercial Cold Storage

The company said the new portfolio is intended to address changing cold-storage requirements among businesses. The convertible functionality allows operators to use the same equipment for cooling or freezing, depending on the products being stored.

The range also includes features aimed at commercial environments, such as caster wheels with brakes, pocket handles, removable gaskets and LED lighting. LG said these features are intended to make the units easier to move, operate and maintain.

Pricing for the new models starts at ₹28,990 for the 102L PRO model and extends to ₹62,990 for the 530L PRO variant, according to the supplied product information.

LG Electronics India Expands Commercial Product Portfolio

LG Electronics India operates across consumer electronics and home appliances, with products spanning refrigerators, air conditioners, televisions, washing machines and other categories.

The company also serves commercial customers through products designed for business and industrial applications. Its manufacturing footprint in India includes facilities in Greater Noida, Uttar Pradesh and Ranjangaon, Maharashtra, according to the company material.

The chest freezer launch adds another commercial refrigeration category to LG Electronics India’s portfolio, with the company targeting businesses that require dedicated cold-storage capacity.

Conclusion

LG Electronics India has entered the Indian chest freezer market with a convertible range designed for commercial applications.

The portfolio includes 102L, 205L, 315L and 530L models, with selected PRO variants offering convertible cooling and freezing, Ultra Freeze and digital temperature controls. The company has positioned the products for sectors including food, dairy, pharmaceuticals and other businesses requiring flexible cold storage.

On the equity market, the LG Electronics India share price was around ₹1,668 in the supplied snapshot, up approximately 2.5% from the displayed reference level of ₹1,628. The stock moved steadily higher through the morning after opening near ₹1,610.

Source: 

• https://www.nseindia.com/get-quote/equity/LGEINDIA/LG-Electronics-India-Limited