Automotive Manufacturer To Invest In Andhra Pradesh

Thu May 28 2020 16:00:52 GMT+0530 (IST)

In a piece of good news, South Korean multinational automotive manufacturer KIA Motors came forward to invest 54 million US dollars in Andhra Pradesh. KIA Motors already has an SUV manufacturing plant in Anantapur district.

The same was confirmed by the Managing Director and CEO of KIA Motors India Private Limited Kookhyun Shim and said that the company will make more investment in the state.

Talking about the conditions in the state, the CEO said that AP has all the required resources to emerge as an industrial hub and added that seaports availability is an asset to the state.

Shim also lauded the efforts of CM Jagan who controlled the situations in the state despite the pandemic is spreading ist deadly wings in Andhra Pradesh.