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LG Electronics India Receives Maharashtra Govt. Eligibility Certificate for ₹705.74 Cr Mega Expansion
LG Electronics India Limited
January 17, 2026, 09:12 AM
LG Electronics India has received an eligibility certificate from the Maharashtra Government for a mega expansion, approving an investment of ₹705.74 Crores. The company is entitled to incentives worth ₹705.74 Crores, including SGST refund and various exemptions, valid from May 1, 2025, to April 30, 2040.
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LG Electronics India Limited (LGEIL) has received an eligibility certificate from the Government of Maharashtra, Directorate of Industries, on January 16, 2026, under the Electronics Policy, 2016. This certificate approves an investment of ₹705.74 Crores for mega expansion, covering the period from November 1, 2017, to October 30, 2024.
As a result of this approval, the company is entitled to incentives totaling ₹705.74 Crores. These incentives include SGST refund, electricity duty exemption, stamp duty exemption, refund of employee's contribution to EPF, power tariff subsidy, and exemption from property tax.
The incentives are valid from May 1, 2025, to April 30, 2040, with an overall annual limit of ₹47.04 Crores.
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