LG Electronics Begins $600 Million Plant Construction in India

LG Electronics has begun construction of its third manufacturing plant in India, investing $600 million in a new facility in Sri City, Andhra Pradesh. Spanning 247 acres, the plant is expected to create approximately 1,495 direct jobs and begin operations by the end of 2026. Once operational, it will manufacture a diverse range of home appliances—including refrigerators, washing machines, air conditioners, and AC compressors—with a significant portion intended for both the domestic Indian market and exports to neighboring countries such as Bangladesh and those in the Middle East. The plant will complement LG’s existing factories in Noida and Pune, enhancing production capacity and localizing supply chains to meet surging demand in India’s rapidly growing consumer market. The investment is expected to attract ancillary businesses, strengthening the manufacturing ecosystem in Andhra Pradesh and reinforcing India’s role in LG's global strategy. Company executives and local government leaders highlighted the project as a milestone in LG’s long-term commitment to India’s innovation and growth.