LG ELECTRONICS INDIA LIMITED BEGINS CONSTRUCTION OF ITS THIRD MANUFACTURING PLANT IN INDIA
LG Electronics India (LGEIL) has begun construction of its third manufacturing plant in Sri City, Andhra Pradesh, with operations expected to start by end of 2026. The company plans to invest $600 million (INR 5001 crores) over the next four years. The facility, spread across 247 acres, will create approximately 1,495 direct jobs and manufacture AC compressors, refrigerators, washing machines, and air conditioners.
This strategic expansion will enhance LGEIL's production capacity, strengthen its South Indian supply chain, and further localize production. The plant joins existing facilities in Greater Noida and Pune, positioning India as a crucial hub in LG Electronics' global supply chain. The project is expected to attract ancillary businesses, creating a white goods manufacturing ecosystem in Andhra Pradesh.
LG Electronics India (LGEIL) ha avviato la costruzione del suo terzo stabilimento produttivo a Sri City, Andhra Pradesh, con l'inizio delle operazioni previsto entro la fine del 2026. L'azienda intende investire 600 milioni di dollari (5001 crore INR) nei prossimi quattro anni. La struttura, estesa su 247 acri, creerà circa 1.495 posti di lavoro diretti e produrrà compressori per climatizzatori, frigoriferi, lavatrici e condizionatori d'aria.
Questa espansione strategica aumenterà la capacità produttiva di LGEIL, rafforzerà la catena di approvvigionamento nel Sud dell'India e favorirà una maggiore localizzazione della produzione. L'impianto si aggiunge a quelli già esistenti a Greater Noida e Pune, consolidando l'India come un hub fondamentale nella catena globale di approvvigionamento di LG Electronics. Il progetto dovrebbe inoltre attrarre attività complementari, contribuendo a creare un ecosistema di produzione di elettrodomestici bianchi in Andhra Pradesh.
LG Electronics India (LGEIL) ha iniciado la construcción de su tercera planta de fabricación en Sri City, Andhra Pradesh, con operaciones previstas para finales de 2026. La compañía planea invertir 600 millones de dólares (5001 millones de rupias) durante los próximos cuatro años. La instalación, que abarca 247 acres, generará aproximadamente 1,495 empleos directos y producirá compresores de aire acondicionado, refrigeradores, lavadoras y acondicionadores de aire.
Esta expansión estratégica aumentará la capacidad de producción de LGEIL, fortalecerá su cadena de suministro en el sur de la India y promoverá una mayor localización de la producción. La planta se suma a las instalaciones existentes en Greater Noida y Pune, posicionando a la India como un centro clave en la cadena global de suministro de LG Electronics. Se espera que el proyecto atraiga negocios auxiliares, creando un ecosistema de fabricación de electrodomésticos en Andhra Pradesh.
LG전자 인도법인(LGEIL)은 안드라프라데시 주 스리 시티에 세 번째 제조 공장 건설을 시작했으며, 2026년 말까지 가동을 목표로 하고 있습니다. 회사는 향후 4년간 6억 달러(5001억 루피)를 투자할 계획입니다. 247에이커에 걸친 이 시설은 약 1,495개의 직접 고용을 창출하며 에어컨 압축기, 냉장고, 세탁기, 에어컨을 생산할 예정입니다.
이번 전략적 확장은 LGEIL의 생산 능력을 강화하고 남인도 공급망을 강화하며 생산 현지화를 촉진할 것입니다. 이 공장은 그레이터 노이다와 푸네에 있는 기존 시설에 합류하여 인도를 LG전자의 글로벌 공급망에서 중요한 허브로 자리매김하게 합니다. 이 프로젝트는 부대 산업을 유치해 안드라프라데시에 백색 가전 제조 생태계를 조성할 것으로 기대됩니다.
LG Electronics India (LGEIL) a commencé la construction de sa troisième usine de fabrication à Sri City, Andhra Pradesh, avec une mise en service prévue d'ici fin 2026. L'entreprise prévoit d'investir 600 millions de dollars (5001 crores INR) au cours des quatre prochaines années. L'installation, répartie sur 247 acres, créera environ 1 495 emplois directs et produira des compresseurs pour climatiseurs, des réfrigérateurs, des machines à laver et des climatiseurs.
Cette expansion stratégique augmentera la capacité de production de LGEIL, renforcera sa chaîne d'approvisionnement dans le sud de l'Inde et favorisera une production plus localisée. L'usine s'ajoute aux installations existantes à Greater Noida et Pune, positionnant l'Inde comme un centre clé dans la chaîne d'approvisionnement mondiale de LG Electronics. Le projet devrait également attirer des entreprises auxiliaires, créant ainsi un écosystème de fabrication d'appareils électroménagers à Andhra Pradesh.
LG Electronics India (LGEIL) hat mit dem Bau seines dritten Fertigungswerks in Sri City, Andhra Pradesh, begonnen. Der Betrieb soll bis Ende 2026 aufgenommen werden. Das Unternehmen plant, in den nächsten vier Jahren 600 Millionen US-Dollar (5001 Crore INR) zu investieren. Die Anlage erstreckt sich über 247 Acres und wird etwa 1.495 direkte Arbeitsplätze schaffen sowie Klimakompressoren, Kühlschränke, Waschmaschinen und Klimaanlagen herstellen.
Diese strategische Erweiterung wird die Produktionskapazität von LGEIL erhöhen, die Lieferkette im Süden Indiens stärken und die Produktion weiter lokalisieren. Das Werk ergänzt die bestehenden Anlagen in Greater Noida und Pune und positioniert Indien als einen wichtigen Knotenpunkt in der globalen Lieferkette von LG Electronics. Das Projekt soll zudem Zulieferer anziehen und ein Ökosystem für die Herstellung von Haushaltsgroßgeräten in Andhra Pradesh schaffen.
- Major investment of $600 million demonstrates strong commitment to Indian market
- Creation of 1,495 direct jobs and additional indirect employment through ancillary businesses
- Strategic location in South India will strengthen supply chain and improve product accessibility
- Diversified manufacturing capability including AC compressors, refrigerators, washing machines, and air conditioners
- Large 247-acre facility indicates significant production capacity expansion potential
- Long timeline until operations begin (end of 2026)
- Significant capital expenditure may impact short-term financial metrics
New Manufacturing Plant in Sri City Expected to Begin Operations by End of 2026
SRI CITY,
Strategically located in Sri City's industrial area, the new manufacturing facility will enhance LGEIL's production capacity and also enable local employment in the region. The new facility will be LG Electronics' third plant in
The government of Andhra Pradesh has approved 247 acres of land in Sri City for LGEIL's new manufacturing facility, which is expected to generate around 1495 direct jobs. LGEIL plans to invest approximately
The new plant at Sri City is expected to localize production further and meet the growing demand for LG products throughout
In addition to the presence of Shri Nara Lokesh, the ceremony was attended by other senior government functionaries along with senior LG Electronics executives from
Sharing his best wishes from Amaravati, the new capital of
Shri Nara Lokesh, Hon'ble Minister for Information Technology, Electronics and Communications, Real Time Governance and Human Resources Development, Government of Andhra Pradesh said, "We are delighted that LG Electronics has chosen Sri City for its third manufacturing facility in
"We are taking yet another important first step toward enhancing our partnership with
About LG Electronics India Pvt Ltd
LG Electronics India Pvt. Ltd. (LG Electronics), a wholly owned subsidiary of LG Electronics was established in January 1997 in
"LG Electronics India Limited (the "Company") is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated December 6, 2024 ("DRHP") with the Securities and Exchange Board of
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SOURCE LG Electronics
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