A Strategic Step in LG’s Global Innovation Journey
South Korean conglomerate LG Corporation has announced plans to invest ₹1,000 crore in setting up a cutting-edge Global Capability Centre (GCC) in Noida, Uttar Pradesh. The new facility reinforces India’s position as a global innovation powerhouse and reflects LG’s long-term commitment to leveraging India’s technology and talent ecosystem.
Noida Emerging as a Strategic GCC Hub
The upcoming GCC, to be built across seven acres in Noida’s Phase II industrial area, will serve as a global centre for research, innovation, digital transformation, and design. With its growing infrastructure and proximity to Delhi-NCR, Noida is fast becoming a preferred destination for multinational companies establishing capability centres in India.
Empowering Local Talent and Creating Opportunities
The new centre is expected to generate over 500 direct employment opportunities, with LG prioritising local recruitment and talent development. By tapping into India’s robust engineering and digital talent base, LG aims to strengthen its global R&D and drive next-generation innovation across product categories.
Aligned with Uttar Pradesh’s GCC Policy Vision
LG’s investment aligns closely with the Uttar Pradesh Government’s GCC Policy, which aims to transform the state into a national hub for global operations, digital services, and advanced technology capabilities. Noida, along with emerging hubs like Lucknow and Varanasi, is at the forefront of this strategic transformation.
Catalyst for India’s Transition to Capability-Led Growth
The establishment of LG’s GCC underscores a significant industry shift — India’s evolution from a cost-competitive outsourcing destination to a capability-driven global innovation centre. The Noida GCC will accelerate collaboration, digital transformation, and skill development across multiple technology domains, including AI, data analytics, and IoT-led product innovation.
Strengthening India’s Global Tech Footprint
This development places LG among the growing list of multinational corporations investing in India’s GCC ecosystem. As global enterprises increasingly view India as a hub for digital talent, innovation, and design-led transformation, LG’s Noida centre will serve as a symbol of India’s ascent in the global value chain.
Visit Our News section and follow us on LinkedIn and Twitter
Read more full news: Here
