LG Electronics to shift production to India from Asia
pre-market1 source ↓written by the desknot a recommendation
- in a new
- ₹1,000 crore
- and support future
- 500 jobs
LG Electronics plans to shift capital goods production to India from Korea, China, and Vietnam. This move aims to enhance India's role in its global manufacturing network. Additionally, LG Corp is investing ₹1,000 crore in a new R&D center in Noida, expected to create 500 jobs and support future product development.
Not investment advice. For informational purposes only.