JOURNAL ARTICLE

LG Electronics to shift capital goods production to India, expands R&D investment.

  • Published In: Project Reporters, 2025. P. N.PAG 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

The article discusses LG Electronics' decision to relocate some of its newer capital goods production to India from Korea, China, and Vietnam as part of a strategy to diversify its supply chain and expand local manufacturing. Additionally, LG Corp is investing Rs 1,000 crore to establish a new global research and development center in Noida, which will focus on innovation in electronics and technology design and is projected to create 500 jobs. The move is supported by strong investor confidence due to the company's extensive distribution network and emphasis on high-margin businesses. [Extracted from the article]

Additional Information

  • Source:Project Reporters. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Marketing
  • Publication Date:2025
  • Accession Number:189149400
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