Kia India Plans $2 Billion Investment in Andhra Pradesh Plant, to Add 12,000 Jobs
The expansion would lift annual output to 630,000 vehicles and add about 12,000 jobs, the company said.
- On Thursday, Kia India Managing Director and CEO Gwanggu Lee announced a $2 billion investment to establish an additional manufacturing plant in Andhra Pradesh. "I am so delighted to announce the expansion," Lee said.
- Kia's Anantapur facility, commissioned in 14 months, began production in 2017 and became the fastest OEM to achieve 1 million and 2 million vehicle production milestones within four and seven years respectively.
- At the Confederation of Indian Industry's Partnership Summit in Visakhapatnam, Lee noted the project will create around 12,000 jobs and increase annual production capacity from 430,000 to 630,000 vehicles.
- Maruti Suzuki, Toyota, and Honda have committed to expanding their manufacturing ambitions in India, the world's third-largest car market, as global automakers pour billions into the region.
- While Lee emphasized Kia's long-term commitment to supporting the state's manufacturing ambitions, the company did not specify a timeline for setting up the proposed facility or when production would begin.
21 Articles
21 Articles
Kia India to invest USD 2 billion in second Andhra Pradesh plant, production to begin in 2030
Kia India will invest USD 2 billion in a second manufacturing plant in Andhra Pradesh, adding 2 lakh units of annual capacity and creating around 12,000 direct and indirect jobs.
Kia India produced 3.17 lakh vehicles in FY 2025-26. The company saw its highest ever monthly wholesale sales in October 2026. It stood at 33,462 units. - Kia will invest USD 2 billion to set up new manufacturing facility in Andhra Pradesh project expected to create around 12000 jobs
Channel News Asia
PressNewsAgencyKia India plans $2 billion investment in Andhra Pradesh plant, to add 12,000 jobs
Nov 12 : Kia's Indian unit plans to invest about $2 billion to set up an additional manufacturing plant in the southern state of Andhra Pradesh, the South Korean automaker's managing director and CEO, Gwanggu Lee, said on Thursday.• The investment is expected to create about 12,000 jobs and increase Kia Ind
Kia India announces $2 billion Andhra Pradesh plant; capacity to rise to 6.3 lakh vehicles, 12,000 jobs expected
Kia India Managing Director and CEO Gwanggu Lee on Thursday announced an investment of approximately USD 2 billion (around Rs 17,000 crore) to establish an additional manufacturing plant in Andhra Pradesh, a move expected to generate around 12,000 jobs and increase the company's annual production capacity from 4.3 lakh to 6.3 lakh vehicles.
The Economic Times
Times of IndiaKia India to invest $2 billion in Andhra Pradesh plant, target 6.3 lakh-unit capacity
Kia India plans to invest $2 billion to establish a new manufacturing facility in Andhra Pradesh. This expansion aims to increase the annual production capacity to 6.3 lakh vehicles. The automaker's existing facility in Anantapur, which opened in 2017, currently has a capacity of 4.3 lakh units. Kia's CEO, Gwanggu Lee, announced the expansion during the CII Partnership Summit.
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