· Electronics & Manufacturing · Source: moneycontrol.com

LG Electronics to start manufacturing at Sri City facility by next month, expects automotive electronics foray to drive B2B biz

LG Electronics India will begin operations at its Sri City plant in Andhra Pradesh by late November or early December, starting with an air conditioner compressor line followed by an AC line. The plant will serve southern India and support the Noida and Pune factories. LG is entering automotive electronics through a new Vehicle Solutions business, starting with telematics, and plans Rs 5,000 crore of manufacturing investment by FY29–FY30.

Read source

Evaluating a similar location, plant, or policy window?

Bucephalus advises on greenfield industrial projects in South India.

Talk to Bucephalus

This page is a curated briefing. The original article belongs to moneycontrol.com. Bucephalus does not republish the source in full.