Kia India Signs Agreement to Establish Second Manufacturing Plant in Andhra Pradesh

Kia Corporation has signed a memorandum of understanding with the Andhra Pradesh government to establish its second car manufacturing plant in the state. The project, located in Erramanchi, Sri Sathya Sai district, involves a significant investment of 19,000 crore rupees. This facility is expected to generate 12,000 new job opportunities. The plant will span 465 acres and aims to achieve an annual production capacity of 200,000 vehicles by 2030. The facility will manufacture both traditional internal combustion engine vehicles and electric models. This expansion marks a major milestone for the company, which already operates a successful manufacturing unit in the region.