Kia Invests $2 Billion to Build New Plant in India, Increasing Annual Capacity by 200,000 Units
Kia plans to invest approximately $2 billion to establish a new manufacturing plant in Andhra Pradesh, southern India. This investment is expected to create around 12,000 jobs and increase Kia's annual production capacity in India from 430,000 units to 630,000 units. Kia has not specified the timeline for the construction of the new plant or when production will begin. In 2017, Kia signed an agreement with the Andhra Pradesh government and commenced large-scale production at the Anantapur plant in August 2019, which manufactures the Seltos and Sonet models for both domestic and export markets.
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