From The New Indian Express
Owned by Express Publications (Madurai) Ltd.Kia India to invest $2billion in a new facility in AP, ramp up production by 2 lakh units per annum
What's behind this
Kia India plans a USD 2 billion investment to set up a new manufacturing plant in Andhra Pradesh. The project is expected to create around 12,000 jobs and increase Kia India's annual production capacity to about 630,000 vehicles.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
RSS excerpt
South Korean carmaker Kia India and its supply partners will invest $2 billion to set up a second manufacturing facility in Andhra Pradesh. The facility will add 2 lakh units of annual manufacturing capacity, taking Kia India’s combined capacity across both plants to 6.30 lakh units. Spread across a…