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Kia Motors to invest an additional $54 mn in Andhra Pradesh facility

The company had announced $2 billion investment, including a vendor base in the state at the time of signing an MoU with the AP government in April 2017

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Kookhyun Shim (left), MD & CEO, Kia Motors India, and actor Tiger Shroff launch the firm’s first India model, the Seltos, in Mumbai, on Thursday | Photo: Kamlesh Pednekar

BS Reporter Hyderabad

3 min read Last Updated : May 28 2020 | 7:49 PM IST

Some of the prominent companies having manufacturing operations in Andhra Pradesh have pledged more investments in coming years as the state government tries to improve the competitiveness and business environment in the state for industrial development.

Chief Minister Y S Jagan Mohan Reddy on Thursday held an open interactive session with industry representatives to hear their views on industrial environment and provide feed back on his government's initiatives on the eve of the completion of one year in government.

The chief minister said he would want to see the businesses happy and comfortable as they provide more jobs as and

Topics : Kia Motors Kia Motors Corp automobile manufacturer Auto sales

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