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, creer脿 circa 1.495 posti di lavoro diretti e produrr脿 compressori per climatizzatori, frigoriferi, lavatrici e condizionatori d'aria.
Questa espansione strategica aumenter脿 la capacit脿 produttiva di LGEIL, rafforzer脿 la catena di approvvigionamento nel Sud dell'India e favorir脿 una maggiore localizzazione della produzione. L'impianto si aggiunge a quelli gi脿 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 attivit脿 complementari, contribuendo a creare un ecosistema di produzione di elettrodomestici bianchi in Andhra Pradesh.
LG Electronics India (LGEIL) ha iniciado la construcci贸n de su tercera planta de fabricaci贸n en Sri City, Andhra Pradesh, con operaciones previstas para finales de 2026. La compa帽铆a planea invertir 600 millones de d贸lares (5001 millones de rupias) durante los pr贸ximos cuatro a帽os. La instalaci贸n, que abarca 247 acres, generar谩 aproximadamente 1,495 empleos directos y producir谩 compresores de aire acondicionado, refrigeradores, lavadoras y acondicionadores de aire.
Esta expansi贸n estrat茅gica aumentar谩 la capacidad de producci贸n de LGEIL, fortalecer谩 su cadena de suministro en el sur de la India y promover谩 una mayor localizaci贸n de la producci贸n. 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 fabricaci贸n de electrodom茅sticos en Andhra Pradesh.
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鞚措矆 鞝勲灥鞝� 頇曥灔鞚� LGEIL鞚� 靸濎偘 電ル牓鞚� 臧曧檾頃橁碃 雮澑霃� 瓿店笁毵濎潉 臧曧檾頃橂┌ 靸濎偘 順勳頇旊ゼ 齑夓頃� 瓴冹瀰雼堧嫟. 鞚� 瓿奠灔鞚� 攴鸽爤鞚错劙 雲胳澊雼れ檧 響鸽劋鞐� 鞛堧姅 旮办〈 鞁滌劋鞐� 頃╇頃橃棳 鞚鸽弰毳� LG鞝勳瀽鞚� 旮�搿滊矊 瓿店笁毵濎棎靹� 欷戩殧頃� 項堧笇搿� 鞛愲Μ毵り箑頃橁矊 頃╇媹雼�. 鞚� 頂勲鞝濏姼電� 攵�雽� 靷办梾鞚� 鞙犾箻頃� 鞎堧摐霛柬攧霛茧嵃鞁滌棎 氚膘儔 臧�鞝� 鞝滌“ 靸濏儨瓿勲ゼ 臁办劚頃� 瓴冹溂搿� 旮半寑霅╇媹雼�.
LG Electronics India (LGEIL) a commenc茅 la construction de sa troisi猫me usine de fabrication 脿 Sri City, Andhra Pradesh, avec une mise en service pr茅vue d'ici fin 2026. L'entreprise pr茅voit d'investir 600 millions de dollars (5001 crores INR) au cours des quatre prochaines ann茅es. L'installation, r茅partie sur 247 acres, cr茅era environ 1 495 emplois directs et produira des compresseurs pour climatiseurs, des r茅frig茅rateurs, des machines 脿 laver et des climatiseurs.
Cette expansion strat茅gique augmentera la capacit茅 de production de LGEIL, renforcera sa cha卯ne d'approvisionnement dans le sud de l'Inde et favorisera une production plus localis茅e. L'usine s'ajoute aux installations existantes 脿 Greater Noida et Pune, positionnant l'Inde comme un centre cl茅 dans la cha卯ne d'approvisionnement mondiale de LG Electronics. Le projet devrait 茅galement attirer des entreprises auxiliaires, cr茅ant ainsi un 茅cosyst猫me de fabrication d'appareils 茅lectrom茅nagers 脿 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 n盲chsten vier Jahren 600 Millionen US-Dollar (5001 Crore INR) zu investieren. Die Anlage erstreckt sich 眉ber 247 Acres und wird etwa 1.495 direkte Arbeitspl盲tze schaffen sowie Klimakompressoren, K眉hlschr盲nke, Waschmaschinen und Klimaanlagen herstellen.
Diese strategische Erweiterung wird die Produktionskapazit盲t von LGEIL erh枚hen, die Lieferkette im S眉den Indiens st盲rken und die Produktion weiter lokalisieren. Das Werk erg盲nzt 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 脰kosystem f眉r die Herstellung von Haushaltsgro脽ger盲ten 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听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听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, AG真人官方 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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