LG Electronics India gets eligibility certificate for ₹705.74 crore Maharashtra incentives
New Delhi: LG Electronics India Limited has received an eligibility certificate from the Directorate of Industries, Government of Maharashtra, approving incentives worth ₹705.74 crore under the state’s Electronics Policy 2016 for its mega expansion project, the company said in a press release.
The certificate validates investments of ₹705.74 crore made by the company at its Ranjangaon manufacturing facility in Pune between November 1, 2017, and October 30, 2024. With the investment phase completed, the incentives package is equivalent to the approved capital outlay for the expansion of the unit.
