LG Electronics’ ₹5,000 Crore Sri City Plant Gains Momentum, Becomes Andhra Pradesh’s Fast-Track Manufacturing Bet

IT and Electronics Minister Nara Lokesh, as mentioned in his post on X, said LG Electronics’ ₹5,000 crore manufacturing plant in Sri City, Andhra Pradesh, is progressing rapidly just seven months after groundbreaking, calling it a benchmark for the state’s “Speed of Doing Business.” The 247-acre facility will begin production by late 2026 and is expected to generate nearly 11,500 jobs.