LG bets on India to lead AI-home race, plans Rs 5,000 cr Sri City plant
Post its Rs 11,607 cr October 2025 OFS listing, LG Electronics India is doubling local capacity with a third plant at Sri City and pushing premium ThinQ and CLOiD AI appliances. India is now central to LG's emerging-market playbook even as FY26 net profit slid 23.5% to Rs 1,685 cr on margin pressure.
What happened
LG Electronics India · LG plans to double India capacity, build Rs 5,000 crore Sri City plant, and push premium AI-led appliances and ThinQ ecosystem, targeting
Key facts
- Rs 5,000 crore Sri City plant
- Rs 11,607 crore IPO OFS
- FY26 net profit Rs 1,685 crore (-23.5%)
- Q4 revenue Rs 8,054 crore
- exports 6-7%
- appliance penetration 20-30%
- KRW 6.2 trillion combined emerging-market revenue
Why this matters
LG's third Indian plant cements India as its emerging-market hub, raising the stakes for component suppliers, contract manufacturers, and smart-home software partners to lock in capacity-linked deals early.