LG Electronics takes step closer towards listing Indian subsidiary
- Park So-ra, Park Seung-joo, and Yoon Yeon-hae
- 기사입력:2025.05.09 10:00:56
- 최종수정:2025.05.09 10:00:56
South Korean tech giant LG Electronics Inc. is continuing boosting its credibility and brand value in India as it prepares to list its Indian subsidiary.
It submitted a preliminary application at the end of 2024 and is currently adjusting the timeline of the listing due to recent market uncertainties.
The company is on track to restructure its production system to cover all of India with an aim to solidify its status as a “national brand” in the Indian market after it broke ground on a new factory in Sri City, southeastern India, on Thursday, which is a strategic step in advancing its India operations.
It aims to build a triangular production network connecting its existing facilities in Noida in northern India and Pune in the central west with the new facility in Sri City to enhance its supply capabilities across the country. The Noida plant specializes in home appliances, while the Pune plant focuses on TVs and display electronics.
