LG bets on India for 'Zero Labor Home' as AI appliances anchor 2030 doubling plan
LG Electronics is positioning India alongside Saudi Arabia and Brazil as a core growth market for its AI-powered 'Zero Labor Home' vision. Greater Noida and Pune plants will localise ThinQ-enabled premium appliances as the Korean major targets doubling revenue by 2030 off a KRW 6.2tn 2025 base.
What happened
LG Electronics India · LG unveiled its AI-powered 'Zero Labor Home' vision, positioning India alongside Saudi Arabia and Brazil as core growth markets. Greater
Key facts
- KRW 6.2 trillion 2025 revenue
- 20%+ growth vs 2023
- 50,000 devices
- double revenue by 2030
Why this matters
Scout bolt-ons in Indian smart-home software, IoT installation networks, and premium kitchen brands before LG's localisation push compresses valuations in the ThinQ ecosystem.