Kia Goes Big on India: Rs 17,700 Crore ($2 Billion) Confirmed for Second Andhra Pradesh Plant
Kia India announced a combined investment of USD 2 billion This facility is expected to generate approximately 12,000 jobs
Kia India has announced a combined investment of USD 2 billion by Kia and its supplier partners to establish its second manufacturing facility in Andhra Pradesh. The announcement follows the signing of a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh, marking a significant step in Kia India’s growth journey.
Spread across a combined 465 acres for Kia and its suppliers, the proposed facility is expected to generate approximately 12,000 more direct and indirect job opportunities. The facility will add 2 lakh units of annual manufacturing capacity, taking Kia India’s combined capacity across both plants to over 6 lakh units.
Sharing his views on the strategic significance of the investment, Mr. Gwanggu Lee, Managing Director and CEO, Kia India, said, “India is central to Kia’s long-term growth ambitions, and the trust our customers have placed in us since we began operations in Anantapur has been instrumental in our journey. Our second manufacturing plant marks a significant new chapter, strengthening our ability to respond to customer demand with greater speed and flexibility, while supporting the introduction of new models across ICE and EV powertrains. As we enter our next phase of growth, we remain committed to contributing to India’s automotive ecosystem and building on the strong foundation we have created here. This will further expand our Made-in-India footprint, strengthening our ability to serve both domestic and overseas markets.”
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