LG plans to double India, Brazil, Saudi revenue by 2030; eyes third India plant in Andhra Pradesh
LG Electronics is targeting a doubling of combined revenue across India, Brazil and Saudi Arabia by 2030, anchored by a major India push: doubling production capacity via a third plant in Andhra Pradesh, lifting export share from 6-7%, and rolling out AI Home appliances starting with AI washing machines.
What happened
LG Electronics India · LG Electronics plans to double combined India, Brazil, Saudi Arabia revenue by 2030. India strategy includes doubling production
Key facts
- KRW 6.2 trillion 2025 combined revenue
- 20% growth vs 2023
- 6-7% current export share
- double revenue by 2030
- double India production capacity
- 3 plants (UP, Maharashtra, Andhra Pradesh)
Why this matters
Watch for component supplier tie-ups, Andhra Pradesh land/incentive deals, and potential Brazil/Saudi distribution or assembly partnerships as LG operationalizes its tri-market doubling plan.