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Kia India plans $2 billion investment in second plant, targets 2030 production kickoff

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In short

The new 465-acre site in Anantapur will add 200,000 units to Kia India's existing annual manufacturing capacity of 430,000 vehicles. Mass production is scheduled to begin in early 2030 following a formal memorandum of understanding signed with the state government. Once operational, the project will bring the cumulative investment by Kia and its suppliers in India to approximately $5 billion. The automaker already builds models such as the Seltos and Sonet at its primary local site.

Key points

  • The upcoming factory will manufacture both electric vehicles and internal combustion engi…: The upcoming factory will manufacture both electric vehicles and internal combustion engine models starting in early 2030.
  • Total combined investments by Kia and its partners across two Indian plants will reach ap…: Total combined investments by Kia and its partners across two Indian plants will reach approximately $5 billion.
  • Global automakers continue expanding manufacturing operations to capture greater share in…: Global automakers continue expanding manufacturing operations to capture greater share in the world's third-largest car market.

Sources checked by our analysis pipeline: 1

Nov 12 : South Korea's Kia and its suppliers plan to invest about $2 billion to set up a second manufacturing plant in the southern Indian state of Andhra Pradesh, with production expected to begin in early 2030, the automaker said on Thursday.

The investment is expected to create about 12,000 direct and indirect jobs, the company said, after signing a memorandum of understanding with the state government.

"India is central to Kia's long-term growth ambitions," said Kia India Managing Director and CEO Gwanggu Lee adding that the expansion would help the company introduce new models and serve domestic and overseas markets.

The expansion comes as global automakers ramp up investments in India, the world's third-largest car market, to tap rising demand and expand local manufacturing capacity.

Japan's Suzuki Motor, the majority owner of India's largest carmaker by volume, Maruti Suzuki, in 2025 announced plans to invest about $8 billion in the country over five to six years.

Carmakers such as Toyota and Honda have committed to expanding their manufacturing ambitions in India as well.

Kia's new facility in Anantapur…

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