LG Electronics to build $600 million home appliance factory in India

LG Electronics plans to invest US$600 million in building a new home appliance factory in India, which is expected to start production by the end of 2026. The facility will have an annual capacity of 800,000 refrigerators, 850,000 washing machines, 1.5 million air conditioners, and 2 million air conditioner compressors. This will be LG’s third […]