Kia India to invest $2 billion in Andhra Pradesh plant, target 6.3 lakh-unit capacity
Kia India plans to invest $2 billion to establish a new manufacturing facility in Andhra Pradesh. This expansion aims to increase the annual production capacity to 6.3 lakh vehicles. The automaker's existing facility in Anantapur, which opened in ...
The South Korean automaker's managing director and CEO, Gwanggu Lee, announced the expansion while speaking at the CII Partnership Summit on Thursday.
"I am so delighted to announce the expansion of Kia's presence in Andhra Pradesh through the establishment of an additional manufacturing plant," Lee said.
Kia India currently operates a manufacturing facility in Anantapur, Andhra Pradesh, which was established in 2017 and has an annual production capacity of 4.3 lakh units.
The company has not disclosed a timeline for setting up the proposed plant or when the additional capacity is expected to become operational.
In FY26, Kia India produced 3.17 lakh vehicles. Its domestic dispatches stood at 2.89 lakh units, while exports totalled 27,953 units.
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