Hyundai Motor Company’s sister concern Kia Motors is all set to establish its first Indian manufacturing facility in Andhra Pradesh as the state government has initiated the process for acquisition of land meant for the company’s operations.
Recent reports cited Sri City as the possible location in AP for its close proximity to Tamil Nadu, which is the base for Hyundai Motors’ manufacturing operations and its vendor ecosystem. However, Kia has chosen a place that is closer to Bengaluru city.
In its orders issued on Thursday, the AP government has directed the Anantapur district collector to acquire 600 acres in