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domestic demand, premium portfolio
October 02, 2025
|Mint New Delhi
Sri City, Andhra Pradesh, with an investment of $600 million (₹5,001 crore) over four years. Operations are expected to start by 2026.
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The Andhra Pradesh plant is also expected to boost exports, a key growth driver for the company. At present, LG's exports account for about 6% of India's business, and comprise mid-segment refrigerators and washing machines that are shipped to markets in Asia, Africa, and the Middle East. With the addition of premium production lines including side-by-side refrigerators and OLED TVs, LG expects to export to more markets and achieve economies of scale.
هذه القصة من طبعة October 02, 2025 من Mint New Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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