LG plans to double India, Brazil, Saudi revenue by 2030; eyes third India plant in Andhra Pradesh
LG Electronics is targeting a doubling of combined revenue across India, Brazil and Saudi Arabia by 2030, anchored by a major India push: doubling production capacity via a third plant in Andhra Pradesh, lifting export share from 6-7%, and rolling out AI Home appliances starting with AI washing machines.
LG Electronics plans to double combined India, Brazil, Saudi Arabia revenue by 2030. India strategy includes doubling production capacity, third plant in Andhra Pradesh, scaling exports from 6-7%, and rolling out AI Home appliances starting with AI washing machines.
Why this matters
Builds on LG India's mid-teen FY27 revenue guidance and post-IPO capex narrative. Brokerages have backed capex-led upside despite an 8.2% FY26 profit dip and Q4 margin pressure.
Retail-company signals steady at 2,644 over the last 90 days.