CONNECT WITH US
EV & Mobility

EV & Mobility

Kia India to Invest USD 2 Billion in Second Plant in Andhra Pradesh, Reinforcing Long-Term Commitment to India

EV Story logo

Published on

Add as a preferred source on Google
Kia India to Invest USD 2 Billion in Second Plant in Andhra Pradesh, Reinforcing Long-Term Commitment to India

NEW DELHI, India, November 13, 2026: Reaffirming its commitment to India and confidence in the country’s automotive growth potential, Kia India today announced a combined investment of USD 2 billion by Kia and its supplier partners to establish its second manufacturing facility in Andhra Pradesh. The announcement follows the signing of a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh, marking a significant step in Kia India’s growth journey. Spread across a combined 465 acres for Kia and its suppliers, the proposed facility is expected to generate approximately 12,000 more direct and indirect job opportunities. The facility will add 2 lakh units of annual manufacturing capacity, taking Kia India’s combined capacity across both plants to over 6 lakh units. This expansion will further strengthen Kia’s manufacturing capabilities and contribution to India’s industrial growth.

Building on its existing manufacturing base, the second plant will strengthen Kia India’s production capabilities and create a stronger foundation for its next phase of growth. With a cumulative investment of up to USD 5 billion across its two plants, Kia continues to deepen its presence in India, reinforcing the country’s strategic importance to Kia’s ambitions while contributing to manufacturing development, employment generation and the broader automotive ecosystem

Sharing his views on the strategic significance of the investment, Mr. Gwanggu Lee, Managing Director and CEO, Kia India , said, “India is central to Kia’s long-term growth ambitions, and the trust our customers have placed in us since we began operations in Anantapur has been instrumental in our journey.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.