LG Delegation Meets NOIDA CEO, Confirms Rs 1000 Crore Investment for Global R&D Centre
LG confirmed its commitment to investing Rs 1000 Crore (approximately 10 billion Indian Rupees) to establish a new Global Research & Development (R&D) Centre within the Phase-II industrial plot.
NOIDA, November 4, 2025 — A high-level LG Corporation delegation met today with the Chief Executive Officer (CEO) of NOIDA to finalize plans concerning their significant new investment in the region.
LG confirmed its commitment to investing Rs 1000 Crore (approximately 10 billion Indian Rupees) to establish a new Global Research & Development (R&D) Centre within the Phase-II industrial plot.
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Investment Amount: Rs 1000 Crore
Project: Establishment of a Global R&D Centre
Location: Phase-II Industrial Plot
Plot Area: 27,129 square meters
Employment Generation: Estimated 500 new jobs
The establishment of this state-of-the-art facility underscores LG's focus on innovation and technological advancement and is expected to significantly boost NOIDA's standing as a hub for high-tech research and development. The project is anticipated to create 500 direct employment opportunities, contributing substantially to local economic growth.
The meeting with the NOIDA CEO ensured smooth progress on the project's logistics and timeline, reinforcing the strong collaborative relationship between LG and the NOIDA Authority.
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