LG bets on India as Global South anchor, eyes revenue doubling by 2030
LG Electronics is positioning India as the centrepiece of its Global South playbook, targeting a doubling of combined India-Saudi-Brazil revenue by 2030. A third India plant at Sri City lands in 2026, while a localised Essential Series courts first-time appliance buyers despite an 8% YoY profit dip last quarter.
LG Electronics positions India as centrepiece of its Global South strategy, aiming to double combined India-Saudi-Brazil revenue by 2030. Third India factory in Sri City due 2026; localised Essential Series targets first-time appliance buyers despite margin pressure.
Why this matters
Builds on LG's broader 2026 roadmap, following recent sustainability certifications for its 2026 TV lineup from Carbon Trust and Intertek, signalling parallel investments in manufacturing and product credentials.
Retail-company signals steady at 2,647 over the last 90 days.