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India's Home Appliance Market Poised to Hit $65 Billion by 2028, LG Electronics Bolsters Production
2025-08-21 /
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Author：小编
LG Electronics is scaling up its home appliance production in India and intends to list its local subsidiary, a strategic move aimed at catering to the surging demand for consumer electronics in the country. According to forecasts by a reputable Indian research firm, the Indian consumer electronics market is projected to soar to $65 billion by 2028, representing a significant 76% jump from 2024. As a frontrunner in India's home appliance sector, LG Electronics aims to further solidify and broaden its footprint in India and South Asia through the construction of additional factories and capital raising via the listing process.
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