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LG Electronics' third manufacturing plant in Sri City, Andhra Pradesh, India, is nearing early launch with construction over 75% complete. The plant represents an investment of roughly 900 billion KRW and will add 1.5 million units of annual AC capacity, 2 million units of compressor capacity, 800,000 refrigerators, and 850,000 washing machines. Combined annual AC production capacity in India will reach 4.7 million units.
“The LG Electronics Sri City plant, set to begin production before the end of the year, exemplifies our commitment to the 'Speed of Doing Business.'”en.etnews.com
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