Kia to invest $2b in India to ramp up production
South Korean automaker Kia Corp. said Friday it plans to invest $2 billion in a second manufacturing plant in India to expand its production capacity in the gro
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- Kia to invest $2b in India to ramp up production
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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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