CG Electronics inaugurates LG TV assembly plant in SatungalLG home and entertainment appliances will start assembling and manufacturing in Nepal in future, according to CG Electronics.
CG Electronics has inaugurated the LG TV assembly plant at Satungal in collaboration with LG Electronics Inc., South Korea.
A team of technical experts from LG Electronics Inc. will consistently supervise and support the Nepali engineering team to ensure the quality of the products assembled in Nepal matches LG standards, according to a press statement issued by CG Electronics.
Sungho Chun, managing director of LG Electronics, Singapore said, “Our past experience with Chaudhary Group has encouraged us to collaborate to extend our services to more households. The new assembly plant opens the door to more avenues for us to make LG products more affordable for this market.”
“We will look into more ways to add value to our customers in Nepal by exploring new opportunities,” Chun said.
In the near future, LG home and entertainment appliances will start assembling and manufacturing in Nepal, according to CG Electronics. “This will help to reduce the cost of products to Nepali customers.”
“The announcement of a long-term collaboration between LG Electronics Inc. and Chaudhary Group will definitely help in bringing more foreign direct investment to Nepal. This will also help create new employment opportunities within Nepal,” said Nirvana Chaudhary, managing director of Chaudhary Group.
“Nepali customers will also benefit from premium home appliances at a more affordable price.”