LG Electronics India will expand its Ranjangaon manufacturing facility near Pune. The Maharashtra government has approved a ₹705.74 crore investment. This approval grants LG Electronics India incentives worth ₹47.04 crore annually for 15 years. The incentives will commence from May 1, 2025. This move supports LG's manufacturing growth strategy under the 'Make in India' program.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/lg-electronics-india-to-receive-47-crore-annually-in-incentives-for-pune-plant-over-15-years/127262565
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/lg-electronics-india-to-receive-47-crore-annually-in-incentives-for-pune-plant-over-15-years/127262565