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Kia displays cars to roll out from Anantapur plant
The South Korean-based KIA Motors showcased its three model cars, which are going to be manufactured at its plant in Anantapur, at the three-day CII Partnership Summit venue, which began here on Saturday. Delegates from nearly 50 countries are taking part in the summit.
Visakhapatnam: The South Korean-based KIA Motors showcased its three model cars, which are going to be manufactured at its plant in Anantapur, at the three-day CII Partnership Summit venue, which began here on Saturday. Delegates from nearly 50 countries are taking part in the summit.
Kia showcased its global range of cars Niro, Soul and Stinger, which includes electric vehicles, plug-in hybrids, and sports utility vehicles (SUV). The range also includes the exciting new Stinger sports sedan that attracted many sports car lovers. Kia Motors is looking to replicate its global success in India, as the world’s fastest growing car market.
The cost of each car is around Rs 30 lakh to Rs 40 lakh of which can also give best competition to the other automotive players in the market.
Talking on the occasion, Industries Minister N Amarnath Reddy said that the state government is aiming to provide 2 lakh jobs for the youth in automobile sector. In the last three years, the state government had secured 3.7 billion as investments in automobile sector.
Companies like Kia, Hero, Amar Raja, Isuzu and Ashok Leyland had already invested in the state of Andhra Pradesh. The more automotive companies will be established at Chittoor region and an industrial corridor will be created between Anantapur and Nellore, he said.
