 "kia, kia motor, car")
Korean automobile company Kia Motors on Thursday announced that it would produce a compact sedan and a compact SUV especially for the Indian domestic market with an investment of approximately $ 1.1 billion in Andhra Pradesh.
The company signed a memorandum of understanding (MoU) with Andhra Pradesh (AP) government in the presence of Chief Minister N Chandrababu Naidu for setting up the plant, which will occupy around 23 million square feet (536 acres) and incorporate facilities for stamping, welding, painting and assembly of auto parts.
The government has allotted around 600 acres of land
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