LG bets on India to lead AI-home race, plans Rs 5,000 cr Sri City plant
Post its Rs 11,607 cr October 2025 OFS listing, LG Electronics India is doubling local capacity with a third plant at Sri City and pushing premium ThinQ and CLOiD AI appliances. India is now central to LG's emerging-market playbook even as FY26 net profit slid 23.5% to Rs 1,685 cr on margin pressure.
LG plans to double India capacity, build Rs 5,000 crore Sri City plant, and push premium AI-led appliances and ThinQ ecosystem, targeting India among top emerging markets despite FY26 margin pressure post October 2025 listing.