Kia to invest $2 bn in new Andhra plant, boost annual car production to 6.3 lakh

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Kia India plans to invest $2 billion in a new manufacturing plant in Andhra Pradesh, creating about 12,000 jobs and raising annual vehicle capacity to 630,000. The expansion builds on Kia's existing Anantapur facility and supports its export operations.

Kia India plans to invest $2 billion in a new manufacturing plant in Andhra Pradesh. This expansion aims to create approximately 12,000 jobs and increase annual production capacity to 6.3 lakh vehicles. The company currently operates a plant in Anantapur, which was established in 2017 and has a capacity of 4.30 lakh vehicles. Kia has exported over 4.1 lakh vehicles to nearly 100 countries, reinforcing India's manufacturing capability.