💨 Abstract

LG Electronics began constructing a $600 million (₹5,000 crore) home appliance factory in Sri City, Andhra Pradesh, its third in India. The plant, slated for completion by the end of 2026, will produce refrigerators, washing machines, air conditioners, and compressors. It will create around 1,900 jobs and is part of LG's strategy to meet the growing demand for home appliances in India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖