Kia Motors to finalise Andhra or Maharashtra for $1-bn investment

South Korea’s Kia Motors Corp is close to finalising a site for its first factory in the country, slated to attract $1 billion (Rs 6,700 crore) of investment. It had first identified three states and is now deciding between Andhra Pradesh and Maharashtra. The target for operationalising the factory is the end of 2018 or early 2019. A senior official from one of the two states said Andhra has an edge.
 
The official, who requested anonymity, said all the states were offering about the same financial incentives and other packages but the key factor for the company was ease