LG Electronics breaks ground on new plant in India

LG Electronics to Build $600 Million India Plant Amid IPO Pause

LG Electronics India Ltd. will build its third plant in India, signaling its growth plans in the fifth-largest economy despite deferring its $1 billion-plus public listing in the county.

LG Electronics breaks ground on new plant in India

LG Electronics broke ground Thursday on its third Indian home appliance plant in Sri City, Andhra Pradesh, as part of its strategy to expand its presence in the world’s most populous country and meet the growing consumer electronics demand in nearby regions. The company said that its President of Home Appliance and Air Solution, Lyu Jae-cheol, the Minister for Human Resources Development of Andhra Pradesh, Nara Lokesh, and several senior officia…

LG Electronics begins work on third plant in India

LG Electronics India Ltd. (LGEIL) announced the commencement of construction of its new manufacturing facility in Sri City, Andhra Pradesh at a ceremony graced by the presence of Shri Nara Lokesh, Hon’ble Minister for Information Technology, Electronics and Communications, Real Time Governance and Human Resources Development, Government of Andhra Pradesh. The new plant is expected to commence operations by the end of 2026. Strategically located …

Groundbreaking ceremony held on the 8th… Expected completion in 2029

LG Electronics India Limited Begins Construction of Its Third Manufacturing Plant in India - Business News Week

SRI CITY, Andhra Pradesh, May 8, 2025 – LG Electronics India Ltd. (LGEIL) announced the commencement of construction of its new manufacturing facility in Sri City, Andhra Pradesh today at a ceremony graced by the presence of Shri Nara Lokesh, Hon’ble Minister for Information Technology, Electronics and Communications, Real Time Governance and Human Resources Development, Government of Andhra Pradesh. The new plant is expected to commence operati…

LG begins construction on $600M plant in southeastern India

LG Electronics has begun construction on a $600 million manufacturing plant in southeastern India, its third plant in the country, aiming to reinforce its position in the Global South.