LG Electronics to Invest $600 Million in New Home Appliance Factory in India

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Image Courtesy: LGE

LG Electronics announced plans to establish a new home appliance manufacturing facility in India, further strengthening its presence in this rapidly expanding market. The plant, located in Sri City, Andhra Pradesh, an industrial hub in the eastern part of the country, will be inaugurated with a ceremony attended by local officials, including Nara Lokesh, the Minister for Human Resources Development of Andhra Pradesh, as well as key LG Electronics executives, including President Lyu Jae-cheol, head of the home appliance division.

The $600 million investment will allow the factory to begin production by the end of 2026. The facility will be capable of producing 800,000 refrigerators, 850,000 washing machines, 1.5 million air conditioners, and 2 million air conditioner compressors annually. This new plant will be LG Electronics’ third manufacturing site in India, joining existing facilities in Noida (Uttar Pradesh) and Pune (Maharashtra).

The Sri City plant is expected to function as a major manufacturing hub for India and surrounding regions, including the Middle East and Bangladesh. LG Electronics highlighted that this new facility will strengthen its local supply chain and bolster its position as a leader in India’s growing consumer durables market. “The establishment of the Sri City plant marks a significant step in LG Electronics’ efforts to become a truly national brand in India,” said Lyu. “With innovative products produced through a stronger local supply chain, we will solidify our leadership as India’s top home appliance brand.”

In March, LG Group Chairman Koo Kwang-mo visited India to explore new growth opportunities as part of the company’s global strategy. During his visit, Koo met with employees and business leaders to assess the company’s competitiveness in key areas, from research and development to manufacturing and distribution. While touring LG Electronics’ production facilities in New Delhi and its largest overseas software research center, LG Soft India in Bengaluru, Koo emphasized India’s role in LG’s long-term vision and its importance in driving the company’s next phase of growth.

LG Electronics India, a subsidiary of the South Korean conglomerate the company, is one of India’s leading consumer electronics and home appliances companies. Since its entry into the Indian market in 1997, it has become a household name, offering a diverse range of products including televisions, refrigerators, washing machines, air conditioners, and mobile devices.

Known for its commitment to quality, innovation, and customer satisfaction, the company has continually introduces technology-driven products tailored to the preferences and needs of Indian consumers, such as energy-efficient appliances and air purifiers designed for the country’s climate.

LG has established an extensive distribution and service network across India, ensuring accessibility and reliable after-sales support. With a focus on sustainability, the company has integrated eco-friendly practices and energy-saving technologies into its operations and products. LG Electronics India remains dedicated to enhancing the lifestyles of its customers through advanced technology and exceptional service.