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Lg india: New Delhi

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New Delhi: Korean multinational LG Electronics is planning to move the production of some of its newer capital goods businesses to India . These capital goods are used for setting up factories that produce electronic products, displays, and high-tech components. LG to shift capital goods production to India Rs 1,000 crore Noida R&D center to create 500 jobs Strong market debut boosts investor confidence LG Electronics is expanding its manufacturing footprint in India by shifting production of select capital goods from Korea, China, and Vietnam. Korean multinational LG Electronics is planning to shift the production of some of its newer capital goods businesses to India , it aimed at expanding its manufacturing base and strengthening local production capabilities. By leveraging India ’s cost advantages, skilled workforce, and policy support, LG is establishing India as a cornerstone of its global supply chain. From powering Apple’s production lines to launching world-class R&D infrastructure, LG Electronics is driving a new era of industrial capability and global competitiveness.

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