BusinessPhoto: Business StandardLG Electronics India Enters Automotive Solutions Market; Q2 Profit Rises 26%
LG Electronics India is expanding into the automotive solutions market, introducing in-vehicle infotainment and telematics products manufactured at its Sri City plant in Andhra Pradesh. This move aims to boost growth in the B2B sector by leveraging LG Korea's global automotive business. In Q2 FY27, LG Electronics India reported a 25.7% net profit increase to ₹489 crore, driven by balanced growth across volume, value, and premium segments, and a record offline TV market share.
Business Standard··Sri City

