Archive · 1 Oct 2025
LG India Aims to be a Global Manufacturing Hub
LG India is planning to turn India into a major manufacturing center for its products.
They're building a new factory with a big investment.
They're also increasing their exports to countries around the world.
LG is seeing increased demand for their products, with growth in their exports.
They also pay a royalty to their parent company, which they plan to keep at the same rate for now.
With low penetration of household appliances in India, LG sees a big opportunity for growth.
The company is also focusing on their B2B business and services.
LG India aims to make India a global manufacturing hub.
A new manufacturing facility is planned in Andhra Pradesh for $600 million.
Exports account for nearly 6% of revenue and are growing.
The company is expanding its B2B and service businesses.
LG is witnessing growth in premium and mass-market product sales.
- Who
- LG Electronics India
- What
- Expanding manufacturing and exports
- When
- Operational in November 2026
- Where
- India
- Why
- To become a global manufacturing hub and increase exports.
- Export Revenue
- $160 million
- Export Destinations
- 47 countries
- New Facility Investment
- $600 million
- New Facility Operational Date
- November 2026
- Market Share (TVs)
- 27.5%
- Market Share (Refrigerators)
- 29.5%
- Market Share (Washing Machines)
- 33.5%
- Royalty Payment (Other products)
- 2.3% of net sales
Sources
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