Category: Business

DGCA slaps Rs 10 lakh penalty on Air India
Business, National

DGCA slaps Rs 10 lakh penalty on Air India

Jammu Tawi desk- November 22, 2023

Aviation watchdog DGCA has imposed a penalty of Rs 10 lakh on Air India for its failure to comply with norms pertaining to facilities that ... Read More

External Affairs Minister of India #DrSJaishankar Started engagements in Indonesia with a meeting with ASEAN Secretary General Dr Kao Kim Hourn. Discussed the development of our comprehensive strategic partnership. Suggested India- ASEAN dialogues in finance, cyber and maritime domains. Noted the ongoing work in energy, disaster management and health and wellness. Agreed to expand our Track II engagement. Our ASEAN relationship paved the way for the Indo-Pacific Vision. India is therefore deeply committed to the principle of ASEAN centrality.
International, Business

External Affairs Minister of India #DrSJaishankar Started engagements in Indonesia with a meeting with ASEAN Secretary General Dr Kao Kim Hourn. Discussed the development of our comprehensive strategic partnership. Suggested India- ASEAN dialogues in finance, cyber and maritime domains. Noted the ongoing work in energy, disaster management and health and wellness. Agreed to expand our Track II engagement. Our ASEAN relationship paved the way for the Indo-Pacific Vision. India is therefore deeply committed to the principle of ASEAN centrality.

Jammu Tawi desk- July 12, 2023

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Maruti Suzuki Augmenting our ambitious exports plans, we began exports of Fronx to international markets. We thank customers for their belief in #MarutiSuzuki cars and the affirmative response Fronx received in domestic markets. We intend to replicate this success overseas as well.
Business, Exclusive

Maruti Suzuki Augmenting our ambitious exports plans, we began exports of Fronx to international markets. We thank customers for their belief in #MarutiSuzuki cars and the affirmative response Fronx received in domestic markets. We intend to replicate this success overseas as well.

Jammu Tawi desk- July 6, 2023

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LG Manoj Sinha Inaugurated 8th International MSME Expo, Trade Fair & Summit 2022 at New Delhi. In the last 8 years, MSME sector has undergone very rapid change. New strength, resilience & global competitiveness of MSMEs will make India a preferred destination for manufacturing for the world.
Latest News, Business

LG Manoj Sinha Inaugurated 8th International MSME Expo, Trade Fair & Summit 2022 at New Delhi. In the last 8 years, MSME sector has undergone very rapid change. New strength, resilience & global competitiveness of MSMEs will make India a preferred destination for manufacturing for the world.

Jammu Tawi desk- August 25, 2022

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LG BECOMES THE FIRST BRAND IN INDIA TO ACCOMPLISH A SALE OF OVER 1 MILLION DUAL INVERTER AIR CONDITIONERS DURING H1 2022  Jammu, JULY 29th 2022: LG Electronics, India’s leading consumer durable brand has become the first and only brand to accomplish over 1 million Dual Inverter air conditioners during the time period Jan~Jun’22. This achievement strengthens LG’s leadership in the dual inverter AC market with No. 1* market share. Over the years, LG AC’s have revolutionized the AC industry by elevating the customer experience with energy-efficient products and contributing towards a positive environmental impact for a greener and cleaner tomorrow. In 2016, LG Electronics decided to make a 100% transition towards the Inverter AC category. The key reason behind this decision was to focus on introducing futuristic technology and ensure electricity savings. According to estimates during that period, the share of inverter ACs in India was just 12%, while it was more than 50% in many developed countries. Hence after extensive research, LG Introduced AC’s with Dual Inverter Technology which consumes much lesser electricity than a conventional AC and at the same time is a seamless blend of usability and functionality. Commenting on the achievement, Mr. Deepak Bansal, VP, Home Appliances & Air Conditioner, LG Electronics India said, “In Air conditioning segment, we are committed to offer most energy efficient & advance cooling solutions and based on this vision LG shifted its entire AC line to inverter Technology. For us, key success factor has been our close ear to ground in terms of understanding consumers unmet needs. Based on insights, we introduced advanced technology features like AI Convertible 6-in-1 Cooling, LG ThinQ smart connectivity for convenience seekers and UV Nano feature for consumers with strong quest for health.     Our consumers over the years have appreciated the differentiated offerings and meaningful innovations by LG, and our achievement of over 1 million sales in Dual Inverter AC’s is a clear testament to that. We further look forward to strengthening our market leadership position by offering more innovative products based on Indian consumer insights”. Mr. Kulbhushan Bhardwaj, Business Head, Room Air Conditioner, LG Electronics India added, “India has been a strategic market for LG, and we continue to strengthen our presence with robust product portfolio along with vast after sales service network. By achieving over 1 million sales in H1, we are confident it will further strengthen our foothold in the Indian market and help us diversify our product offering as per consumer needs aiming at more energy efficient products. Our 2 Indian manufacturing facilities enables us to adjust production as per consumer demand & ensures smooth supply. We will continue to strengthen our overall market leadership in Air Conditioning segment.” LG’s transition to Inverter ACs is a success story, which was followed by the industry, and the same was possible due to mass consumer awareness created by LG. With this bold move taken by LG, the Air Conditioner industry has been reinvented, with Inverters now contributing to 80% of the total air conditioner market. Unlike the majority of players, LG AC’s are manufactured in India which ensures smooth supply during peak periods & goes through robust quality checks.
Business

LG BECOMES THE FIRST BRAND IN INDIA TO ACCOMPLISH A SALE OF OVER 1 MILLION DUAL INVERTER AIR CONDITIONERS DURING H1 2022  Jammu, JULY 29th 2022: LG Electronics, India’s leading consumer durable brand has become the first and only brand to accomplish over 1 million Dual Inverter air conditioners during the time period Jan~Jun’22. This achievement strengthens LG’s leadership in the dual inverter AC market with No. 1* market share. Over the years, LG AC’s have revolutionized the AC industry by elevating the customer experience with energy-efficient products and contributing towards a positive environmental impact for a greener and cleaner tomorrow. In 2016, LG Electronics decided to make a 100% transition towards the Inverter AC category. The key reason behind this decision was to focus on introducing futuristic technology and ensure electricity savings. According to estimates during that period, the share of inverter ACs in India was just 12%, while it was more than 50% in many developed countries. Hence after extensive research, LG Introduced AC’s with Dual Inverter Technology which consumes much lesser electricity than a conventional AC and at the same time is a seamless blend of usability and functionality. Commenting on the achievement, Mr. Deepak Bansal, VP, Home Appliances & Air Conditioner, LG Electronics India said, “In Air conditioning segment, we are committed to offer most energy efficient & advance cooling solutions and based on this vision LG shifted its entire AC line to inverter Technology. For us, key success factor has been our close ear to ground in terms of understanding consumers unmet needs. Based on insights, we introduced advanced technology features like AI Convertible 6-in-1 Cooling, LG ThinQ smart connectivity for convenience seekers and UV Nano feature for consumers with strong quest for health.     Our consumers over the years have appreciated the differentiated offerings and meaningful innovations by LG, and our achievement of over 1 million sales in Dual Inverter AC’s is a clear testament to that. We further look forward to strengthening our market leadership position by offering more innovative products based on Indian consumer insights”. Mr. Kulbhushan Bhardwaj, Business Head, Room Air Conditioner, LG Electronics India added, “India has been a strategic market for LG, and we continue to strengthen our presence with robust product portfolio along with vast after sales service network. By achieving over 1 million sales in H1, we are confident it will further strengthen our foothold in the Indian market and help us diversify our product offering as per consumer needs aiming at more energy efficient products. Our 2 Indian manufacturing facilities enables us to adjust production as per consumer demand & ensures smooth supply. We will continue to strengthen our overall market leadership in Air Conditioning segment.” LG’s transition to Inverter ACs is a success story, which was followed by the industry, and the same was possible due to mass consumer awareness created by LG. With this bold move taken by LG, the Air Conditioner industry has been reinvented, with Inverters now contributing to 80% of the total air conditioner market. Unlike the majority of players, LG AC’s are manufactured in India which ensures smooth supply during peak periods & goes through robust quality checks.

Jammu Tawi desk- July 29, 2022

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#ModiInGermany attests to the fact the meeting of two continental powerhouses amidst a world in turmoil is reason enough to be hopeful. Unwavering & standing tall on the side of peace, #India believes that its partnership with Germany goes beyond the bilateral, for global benefit
Business, Exclusive

#ModiInGermany attests to the fact the meeting of two continental powerhouses amidst a world in turmoil is reason enough to be hopeful. Unwavering & standing tall on the side of peace, #India believes that its partnership with Germany goes beyond the bilateral, for global benefit

Jammu Tawi desk- May 3, 2022

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