The new facility is expected to boost local economic activity by attracting related businesses, potentially creating a hub for light engineering in the region. LG already operates two other manufacturing plants in India, located in Maharashtra and Uttar Pradesh. “We are taking yet another important first step toward enhancing our partnership with India and contributing to its economic growth. The construction of our third manufacturing plant will complement our existing production facilities,” said Lyu Jae-cheol, president of LG Home Appliance.
The Sri City plant will focus on meeting domestic demand for household appliances, supporting India’s growing consumer market. By expanding its manufacturing capacity, LG aims to deliver high-quality products tailored to local needs while contributing to job creation and industrial development in Andhra Pradesh. The project aligns with the company’s strategy to deepen its investment in India’s economy.
According to reports, LG Electronics India is considering an initial public offering, though plans are currently on hold pending more stable market conditions. This financial strategy reflects LG’s long-term commitment to the region, balancing expansion with careful market assessment.
Construction of the Andhra Pradesh facility is anticipated to begin in the coming years, with the plant designed to incorporate modern manufacturing technologies for efficient production. The 247-acre site offers ample space for future growth, positioning Sri City as a key location for LG’s operations in India. The project is expected to enhance the supply chain for white goods, ensuring steady availability for consumers.
As of May 2025, LG’s investment underscores its confidence in India’s economic potential. The Sri City plant will complement the company’s existing facilities, enabling LG to meet rising demand for household appliances while fostering regional development. By establishing a third manufacturing base, LG is poised to play a significant role in India’s industrial landscape, supporting both local consumption and economic progress.
