LG Electronics eyes 2x earnings in India, Brazil, Saudi Arabia by way of 2030
Lyu Jae-cheol, International CEO, LG Electronics
Shopper durables primary LG Electronics is aiming to double the mixed revenues in key expansion markets of India, Brazil and Saudi Arabia by way of 2030. This comes at a time when the South Korean primary is having a look at strengthening international profits resilience amidst risky macroeconomic surroundings via strategic measures together with price competitiveness and long run expansion engines equivalent to AI House ecosystem.
Lyu Jae-cheol, International CEO, LG Electronics mentioned, “India, alongside Saudi Arabia and Brazil, is at the absolute forefront of LG Electronics’ long-term growth strategy. As part of our vision to double combined revenue in these 3 markets by 2030, we are aggressively accelerating our momentum across these three high-potential Global South markets.”
“In 2025, our combined revenue from these regions reached KRW 6.2 trillion, delivering an exceptional growth rate of over 20 per cent compared to 2023, outperforming the company’s overall global growth by more than double. For LG, this hyper-growth in major emerging economies like India is not just about expanding our footprint; it is a strategic pivot to build a highly balanced, resilient regional portfolio that complements our established strongholds in Korea, North America, and Europe,” he added.
The corporate’s Indian subsidiary used to be indexed final 12 months. LG Electronics IR Communications Workforce Chief Aeron Kim mentioned the corporate shall be doubling its manufacturing capability in India to serve now not simply home call for but in addition develop proportion of exports considerably from the present ranges of 6-7 in keeping with cent .
But even so delivery top class merchandise, equivalent to side-by facet fridges and massive capability washing machines, to evolved markets, additionally it is exporting India designed “Essential Series” to rising markets. LG India has two amenities in Uttar Pradesh and Maharashtra and is within the strategy of putting in place a 3rd in Andhra Pradesh.
One of the crucial corporate’s key bets with regards to new expansion engines is AI House stories with the “Zero Labour Home” imaginative and prescient. LG is development an AI House ecosystem round AI-powered home equipment and ThinQ AI orchestration. On the identical time, it’s running in opposition to development self reliant domestic robots. Previous this 12 months, it unveiled LG CLOiD, a home-specialized self reliant AI agent, on the CES 2026.
In India, it all started the rollout of this technique in 2025 with the release of its first AI washer and plans to amplify its AI equipment portfolio later this 12 months. On the identical time,the corporate mentioned that its production crops in India were built-in into the worldwide AI roadmap. That is to make certain that next-generation parts are localized and scaled successfully to reinforce a broader rollout of AI-centric washing machines, fridges, air conditioners, and cooking programs in India.
Younger Min Hwang, Director, House Answers, LG Electronics India mentioned, “Indian consumers are actively seeking intelligent, connected solutions that bring us closer to the ultimate vision of a ‘Zero Labor Home’ ecosystem. We see momentum in this space and our premium products are experiencing rapid adoption, as families prioritize advanced, hyper-connected features that embrace AI.”
( The creator is in Seoul on the invitation of LG Electronics India)
Printed on June 11, 2026
