LG Electronics has outlined plans to make India a pivotal global manufacturing and export hub. 

By leveraging India’s cost competitiveness and skilled workforce, the South Korean electronics giant aims to expand its footprint in consumer electronics and appliances worldwide. 

India’s consumer electronics market has been growing at double-digit rates, supported by rising disposable incomes, urbanisation, and digital adoption. 

The strategy is designed to cater not only to India’s booming domestic demand but also to meet the rising global appetite for affordable and innovative technology. 

LG’s move underscores India’s emergence as a cornerstone in global electronics supply chains, a position bolstered by government incentives under the Production Linked Incentive (PLI) scheme for electronics manufacturing.