Kia India to invest USD 2 billion in setting up new facility in Andhra Pradesh
South Korean carmaker Kia India and its supply partners will invest $2 billion to set up a second manufacturing facility in Andhra Pradesh. The facility will ad
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Kia plans major manufacturing facility in Andhra Pradesh
Kia plans to invest $2 billion in a new manufacturing facility in Andhra Pradesh, India, according to IANS News and The New Indian Express, which reported the announcement on November 12. The Korea Herald said the investment is for a second plant in India and is intended to expand production. IANS News reported that the new facility would increase the company’s annual production capacity, while Businessworld also reported plans for 12,000 jobs.
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