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Kia Motors Signs MOU with Andhra Pradesh

DiscoKing

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DiscoKing LEGEND

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According to a report in BTVi, Hyundai India will join hands with its sibling, Kia Motors in  India to manufacture cars from latter's new plant in Ananthapur, Andhra Pradesh. With an eye on producing more cars for the Indian market, Hyundai and Kia Motors will jointly manufactures cars from the AP unit. Kia Motors is said to be the contract manufacturer for Hyundai in India. Hyundai and Kia Motors together are the 5th largest car manufactures in the world.

Kia Motors is investing close to Rs 12,000 crore in the AP unit and will utilise 50 per cent from each of the plants 3 lakh units capacity. Hyundai will utilise the rest of the 50 per cent to locally produce their cars. We had earlier reported that Kia Motors is set to enter India this year and will be placed lower than the Hyundai products. With Kia Motors, Hyundai will look to produce low-cost cars for the masses. Hyundai already has a plant in Tamil Nadu.

Although Hyundai and Kia Motor will be sharing the same platform for their future products, but the overall design of the final product will be different that will cater to all the sections in the country.

The move would enable Kia to leverage the existing supplier base of its affiliate Hyundai Motor Co, India's second-biggest automaker by sales. The factory would start production in 2019 and eventually have capacity to make 300,000 Kia vehicles a year. Kia Motors sold close to 3.05 million vehicles globally last year. Kia is best known as a maker of relatively inexpensive cars, like the Rio sub-compact. When launched, the first product from Kia Motors is said to be recently unveiled Picanto hatchback.

In August 2016, the Tamil Nadu government had offered about 400 acres of land for KIA Motors to set up their manufacturing unit in the state. Kia Motors will take on its parent company Hyundai along with Tata Motors, Honda and Maruti Suzuki in India.

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Android_Halwa LEGEND

Android_Halwa

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1 minute ago, DiscoKing said:

apudu hi tech city ipudu motor city ^^

adi malla...sound resound aitundi...

kodithe dappu itla kottali vaya...

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Android_Halwa LEGEND

Android_Halwa

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6 minutes ago, DiscoKing said:

modhu city kooda kadatam ^^

modhu city kadithe meekemi vastadi...

slave city kattandi...andaru oka degara jama ayi dappu kottadaniki baguntadi...

multiple slave cities...N-slaves...ade NTR slavery...cops slavery...MEGA..andulo charan babu batchie..PK batchie..

ipudu loki Batchie..

 

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Hercules Hero

Hercules

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ada foundation estaru , esina next day nundi drama start chestaru share kosam local corporator nundi CM varaku prathi okadki share kavali antaru. Debbaki korea vallu thu dinemma kimchi yoo ani 10gestaru. E model ni mana vallu matram tucha tappakunda follow avtaru indulo no changes.

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DiscoKing LEGEND

DiscoKing

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7 minutes ago, Android_Halwa said:

modhu city kadithe meekemi vastadi...

slave city kattandi...andaru oka degara jama ayi dappu kottadaniki baguntadi...

multiple slave cities...N-slaves...ade NTR slavery...cops slavery...MEGA..andulo charan babu batchie..PK batchie..

ipudu loki Batchie..

 

u mean dora banisaa city? ^^

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Android_Halwa LEGEND

Android_Halwa

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dora banisa city already vundi maku....maa farm house..

slave ante ardam kale...propoganda city...ade, maha netha, vishwa vikhyata magician, copy kotte star...slave city ani...

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DiscoKing LEGEND

DiscoKing

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2 minutes ago, Hercules said:

ada foundation estaru , esina next day nundi drama start chestaru share kosam local corporator nundi CM varaku prathi okadki share kavali antaru. Debbaki korea vallu thu dinemma kimchi yoo ani 10gestaru. E model ni mana vallu matram tucha tappakunda follow avtaru indulo no changes.

excellent sir ^^

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