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Kia to Invest $2 Billion in New Indian Plant, Boosting Annual Capacity by 200,000 Vehicles
4 hour ago /
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Author：小编
Gwanggu Lee, Managing Director and CEO of Kia India, announced on Thursday plans to invest approximately $2 billion in a new manufacturing facility in Andhra Pradesh, southern India. Speaking at the Confederation of Indian Industry Partnership Summit, Lee stated that the investment is expected to create around 12,000 jobs and raise the company's annual production capacity from 430,000 to 630,000 vehicles. The company did not disclose the construction timeline or when the plant will commence production.
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