AP CM inaugurates Kia motors plant in Anantapuramu dist

Image
Press Trust of India Anantapuramu(AP)
Last Updated : Dec 05 2019 | 1:25 PM IST

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Thursday inaugurated Kia Motors India's car manufacturing facility at Erramanchi in the district.

Accompanied by Kia's top executives, the Chief Minister went round the plant and inspected the production facilities.

Set up on a 536-acre site abutting the National Highway- 44, the greenfield plant has a capacity to manufacture three lakh cars a year.

Kia has already launched its first made-in-India SUV Seltos from the plant in August this year.

Kia invested 1.1 billion USD on the Anantapuramu plant, its first production facility in India, built in less than two years and is providing employment to over 3,000 people.

Kia began trial production in January this year and now the plant is ready for full-scale manufacture of cars.

South Korean Ambassador to India Shin Bongkil, Kia Motors Corporation CEO Han-Woo Park, Kia Motors India MD and CEO Kookhyun Shim, AP ministers Mekapati Goutham Reddy, Botsa Satyanarayana and other leaders attended the event.

The newest Kia plant features cutting-edge manufacturing processes, including advanced robotics and Artificial Intelligence.

An integrated automotive production facility, the Anantapuramu plant employs state-of-the-art production technologies, with more than 300 robots automating the press, body and paint shops.

Kia and its vendor partners are expected to invest two billion USD to create 3,000 direct and about 7,000 indirect jobs in the region in the next few years.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 05 2019 | 1:25 PM IST

Next Story