‘Make in India’ a growth lever: LG Electronics
LG Electronics India will step up its export push, as it targets making the country a key manufacturing and export hub, the firm said in its first annual general meeting (AGM) on Friday.
The company has also invested Rs 5,000-crore at its Sri City factory, which will serve as an export hub, it added. Operations at the plant will begin by December this year, it said.
“We already serve over 50 countries through Made in India exports, and by calendar year 2026, we are targeting 22 countries for our Essential series export,” said Sanjay Chitkara, co-chief sales & marketing officer at LG Electronics India.
