LG breaks ground for Rs 5000 crore Sri City factory
- Posted on May 8, 2025
- By Financial Express
- 1 Views
LG breaks ground for Rs 5000 crore Sri City factory
LG Electronics India begins work on Rs 5,000 crore manufacturing facility in Sri City, Andhra Pradesh. Plant to start with AC production in 2026, expanding to other appliances by 2029. Project to create 11,500 jobs and attract Rs 839 crore in vendor investments; IPO plans delayed due to market volatility.
