Share LG Electronics‘ ₹5,000 crore manufacturing facility at Sri City is emerging as a major employment driver for Andhra Pradesh, with the project progressing rapidly just months after land hand-over. Showcasing the state’s “Speed of Doing Business,” Minister for HRD & IT Lokesh Nara highlighted how swift execution and investor-friendly policies are translating into large-scale industrial growth. Spread across 247 acres, the plant will be LG Electronics’ third manufacturing facility in India, producing refrigerators, air conditioners, washing machines, and key components. The project is expected to significantly strengthen the state’s manufacturing ecosystem while creating thousands of direct and indirect jobs. Commercial production is scheduled to begin by the end of 2026, with phased expansion continuing through 2029. #JobCreation #LGElectronics #AndhraPradesh #SriCity #MakeInIndia #ManufacturingJobs #IndustrialGrowth #Investment #EconomicDevelopment Post navigation Sapiens to Cut Nearly 10% Jobs; India and US Most Impacted
