Kia to invest $2 billion in new Andhra Pradesh plant, lifting output to 6.3 lakh cars a year
Kia India plans to spend $2 billion on a new manufacturing facility in Andhra Pradesh. The project is expected to generate about 12,000 jobs. Once complete, it would raise the company's annual production capacity to 6.3 lakh vehicles. Kia already runs a plant in Anantapur, set up in 2017, with a capacity of 4.30 lakh vehicles. The company has also exported more than 4.1 lakh vehicles to nearly 100 countries.
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