MR. RAJESH JAYACHANDRAN

Q.As LS Electric expands its global presence, what steps are being taken to enhance manufacturing capabilities and ensure consistent product quality across different regions? 

LS Electric has worldwide presence in total 107 countries which include Overseas subsidiaries for production and sales, Overseas branches, Global service centre, Global R&D centres, Head office and Domestic operation. LS Electric is actively scaling its global operations while maintaining a strong commitment to product quality and manufacturing excellence. To support this expansion, the company has implemented several strategic initiatives. As part of its global growth strategy, LS Electric has invested in smart factory solutions that leverage artificial intelligence to optimize production efficiency and ensure timely delivery even amid supply chain disruptions. These facilities are designed to support high-volume manufacturing of low voltage circuit breakers and electric switches with consistent quality. The company also emphasizes global certifications such as UL, CE, and ISO 9001, ensuring that its products meet international standards regardless of where they are manufactured. Through these efforts, smart manufacturing, strategic acquisitions, and adherence to global standards - LS Electric is building a resilient and scalable manufacturing network capable of delivering consistent, high-quality solutions across its expanding global footprint.

Q.LS Electric has articulated a vision to transition from a traditional device manufacturer to a comprehensive smart energy solution provider by 2030. Could you elaborate on the strategic initiatives and organizational transformations being undertaken to realize this vision, particularly in the context of the Fourth Industrial Revolution?  

LS Electric’s “Drive Change for 2030” vision marks a bold transformation from a conventional device manufacturer to a global smart energy solution provider, deeply aligned with the dynamics of the Fourth Industrial Revolution. This strategic shift is being realized through a series of forward-looking initiatives and organizational reforms: Organizationally, LS Electric is fostering a culture of agility, challenge and excellence, encouraging employees to adapt quickly to technological shifts and market demands. The company is also recruiting future-oriented talent and restructuring its operations to support borderless digital platforms, enabling scalable global solutions. In terms of business strategy, LS Electric is expanding its portfolio to include photovoltaic power generation, energy storage systems (ESS), smart grids, fuel cells, and EV charging infrastructure. These offerings are supported by end-to-end capabilities from project development and equipment supply to EPC and O&M services positioning LS Electric as a full-spectrum energy partner. To reinforce its innovation credentials, LS Electric has been recognized as a Top 100 Global Innovator for nine consecutive years and has earned accolades like the if Design Award for its next-gen power and automation products. Its smart factory in Cheongju, designated a World Economic Forum Lighthouse Factory, exemplifies how Fourth Industrial Revolution technologies are driving productivity and sustainability breakthroughs.

Q.LS Electric has been involved in various renewable energy projects, including energy storage systems and smart grids. How does the company plan to expand its footprint in the renewable energy sector, and what challenges does it anticipate?

LS ELECTRIC has been steadily deepening its involvement in the renewable energy space, espe-cially through energy storage systems (ESS) and smart grid technology. A key part of its expansion strategy revolves around forging international partnerships that allow the company to localize its offerings and establish a presence in high-growth regions. For instance, its collaboration with Samsung C&T to develop a 500MW Battery Energy Storage System in the U.S. signals a full-scale entry into the North American market. Similarly, the partnership with Spain’s Power Electronics opens doors for co-developing specialized equipment for ESS, which is vital for penetrating European markets. These collaborations, along with subsidiary operations in the U.S. and Europe, demonstrate LS ELECTRIC’s proactive approach to tailoring its solutions to local needs while reinforcing its global footprint. However, the company faces fierce competition from global players investing aggressively in similar technologies. These factors demand not only innovation but also agility in adapting to diverse market conditions. Still, LS ELECTRIC is well-positioned, leveraging its engineering expertise and a forward-thinking mindset to address these challenges. Its dual focus on technological excellence and regional customization is a clear indicator of its ambition to be a major force in the clean energy transition.

Q.Innovation is key to LS Electric’s growth. How does the company cultivate a culture of innovation among its employees, and what programs are in place to encourage continuous learning and development? 

LS ELECTRIC fosters a culture of innovation by positioning its employees as “Imagineers”- a blend of imagination and engineering, who are empowered to shape the future of smart energy. This philosophy is embedded in its HR strategy, which emphasizes pride in work, technological vision, and global collaboration. To support continuous learning and development, LS ELECTRIC offers a range of structured programs. These include domestic and international higher education opportunities, overseas expert training, and job-specific skill development. Employees can pursue advanced degrees in core technologies, participate in global executive MBA programs, and attend language and market-specific training to become regional experts. The company also runs a performance-based personnel system that rewards high achievers and encourages excellence through incentives and fast-track promotions. By combining a visionary mindset with tangible development pathways, LS ELECTRIC ensures its workforce remains agile, skilled, and ready to drive innovation across its global operations. 

Q.With increasing competition in the electrical and automation sectors, how is LS Electric strategizing to maintain its market share and competitive edge? Also, With the growing emphasis on smart grids, how is LS Electric contributing to the development and implementation of smart grid technologies? 

LS ELECTRIC is navigating rising competition in the electrical and automation sectors by doubling down on global expansion, strategic partnerships, and technological innovation. LS ELECTRIC is challenging industry giants by focusing on premium product segments and operational efficiency. Its automation business, particularly in smart factories and data centre, has seen strong growth, and the company is leveraging AI and digital transformation to enhance its offerings. Financially, LS ELECTRIC has shown resilience, with consistent revenue growth and a healthy operating margin, which further strengthens investor confidence. The company is also integrating renewable energy sources like solar and wind into its smart grid platforms, supporting decentralized power generation and enhancing grid stability. By combining strategic market penetration with cutting-edge smart energy solutions, LS ELECTRIC is not just defending its market share, but it’s actively shaping the future of intelligent power infrastructure.

Q.What were the primary factors contributing to LS Electric’s recent revenue growth, and how sustainable are they in the current market environment? What strategies are in place to enhance LS Electric’s international presence, and which new markets are being targeted for expansion? 

LS ELECTRIC’s recent revenue growth has been driven by a combination of strategic global expansion, strong performance in its core electric and automation businesses, and increased demand for smart energy solutions. Key contracts with major players like Samsung Electronics and Hyundai Motor for infrastructure and energy projects have significantly boosted its order volume and market credibility. The sustainability of this growth hinges on several factors. LS ELECTRIC has maintained a stable financial structure, with a healthy operating margin and rising cash reserves. To enhance its international presence, LS ELECTRIC is investing heavily in localized operations. It has established subsidiaries and branches across 14 countries. Also new markets being targeted for enhancing Global presence.

Q.What quality assurance protocols are in place to ensure that LS Electric’s products meet national and international standards? 

LS ELECTRIC employs a rigorous quality assurance framework to ensure its products consistently meet both national and international standards. At the core of this system is its ISO 9001-certified Quality Information System (QIS), which governs every stage of product development from design and manufacturing to testing and final inspection. In addition to technical testing, LS ELECTRIC integrates digital diagnostics and predictive maintenance into its smart products. For example, its Smart LV Solutions feature real-time monitoring, temperature tracking, and automated fault alerts, which not only enhance operational safety but also support proactive maintenance strategies. The company also conducts eco-friendliness tests in line with IEC 60076-11 standards, earning certifications like F1, E2, C1, and C2 from international bodies such as CESI and FILK. This ensures that its products are not only high-performing but also environmentally responsible.