Lg Swot Analysis

1774 words 8 pages
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The company was originally established in 1958 as Goldstar, producing radios, TVs, refrigerators, washing machines, and air conditioners. The L.G group was a merger of two Korean companies Lucky and Goldstar. Is the second largest producer of television and third largest producer of mobile phones.

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LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG Electronics, South Korea was established in January, 1997 after clearance from the Foreign Investment Promotion Board (FIPB). LG set up a state-of-the art manufacturing facility at Greater Noida, near Delhi, in 1998, with an investment of Rs 500 Crores In 2004, LGEIL also up its second Greenfield manufacturing unit in Pune, Maharashtra LG plans to set up Rs
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Rs 1,04,000

After Status:Two Propane fired Burner Has been Installed to Serve the same Purpose Running Cost/Day: Appx. Rs.1,675 Investment :Appx. Rs. 6,00,000 Running Cost / Month:Appx. Rs. 43,550 Savings / Month:Appx. Rs.60,450

Before Status :To dry the Components in Shell washing machine earlier 70 KW Electrical heater were used . Running Cost / Day:Appx Rs 4,620 Running Cost/Month: Appx. Rs 1,20,120

After Status:Two Propane fired Burner Has been Installed to Serve the same Purpose Running Cost/Day: Appx. Rs.1,800 Investment :Appx. Rs. 6,00,000 Running Cost / Month:Appx. Rs. 46,800 Savings / Month:Appx. Rs.75,000

Before Status :To dry the Components in Paint Shop oven Diesel Fired Burner was Used . Running Cost / Day:Appx Rs 44,640 Running Cost/Month: Appx. Rs 1,249,920

After Status:Two Propane fired Burner Has been Installed to Serve the same Purpose Running Cost/Day: Appx. Rs.31,250 Investment :Appx. Rs. 1,000,000 Running Cost / Month:Appx. Rs. 875,000 Savings / Month:Appx. Rs.375,000

Before Status : Earlier Compressed Air were UsedTo dry the Components in Pickling Machine. Running Cost / Day:Appx Rs 2,000 Running Cost/Month: Appx. Rs 52,000

After Status:Now One Blower of 10 KW is Installed to serve the same purpose. Running Cost/Day: Appx. Rs.655 Investment :Appx. Rs. 200,000 Running Cost / Month:Appx. Rs. 17,000 Savings / Month:Appx. Rs.35,000

Before Status : To Pre Heat the Case of Ref.

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