Kia Motors logo. (File Photo) Kia Motors logo. (File Photo)The Seoul-based Kia Motors Corporation today signed a Memorandum of Understanding (MoU) with Andhra Pradesh government for setting up a car manufacturing plant in Anantapuramu district. “This is a significant step in my effort to turn Andhra Pradesh into an automobile manufacturing hub,” the chief minister said. Kia is the second big ticket investment in AP in the last three years in the automobile manufacturing sector after the Hero Motors plant in Chittoor district.

Source: Indian Express April 27, 2017 07:07 UTC