LG Electronics India: Incentive Increased to ₹881.86 Cr

LG Electronics India Ltd. received an addendum to its Eligibility Certificate from the Government of Maharashtra, increasing its potential incentives to ₹881.86 Crores. This is an increase of ₹176.12 Crores over the previously reported ₹705.74 Crores. The incentive applies to investments in fixed assets made between November 1, 2017, and October 30, 2025, at its Ranjangaun, Pune units. The company will avail the incentive through SGST refunds, electricity duty exemption, stamp duty exemption, EPF contribution refunds, power tariff subsidy, and property tax exemption, valid from May 1, 2025, to April 30, 2040. The annual limit has increased from ₹47.04 Crores to ₹58.79 Crores.