LG Electronics India , which recently debuted on the stock exchanges, expects its business momentum to improve in the coming quarters. "We improved our market share and after GST cut, the affordability of our product and sentiments of consumers are very high," said Chief Sales Officer Sanjay Chitkara.

The company believes it can return to its earlier pace of expansion. LG has delivered around 13% compound annual growth in recent years, and Chitkara said they hope to get back to consistent double-digit revenue growth.

A key near-term driver, especially for the air conditioner segment, is the rollout of new Bureau of Energy Efficiency (BEE) star rating norms in January.

Chitkara said the additional cost of these new energy-efficient products has already been absorbed by the GST cut, mean

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