KIA INDIA
Kia to invest $2 billion in second Andhra plant, add 12,000 jobs
Kia India plans to invest $2 billion in a new manufacturing facility located in Andhra Pradesh. This facility will increase Kia's annual production capacity significantly to over 600,000 units. It aims to generate approximately 12,000 direct and indirect job opportunities in the region. The company is focused on enhancing its presence in both domestic and international markets. This strategic investment underlines Kia’s commitment to India’s automotive industry and growth potential.
GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh
GAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate direct and indirect job opportunities for local residents. Officials aim to set up a facility producing 1.27 million tons of urea per year in Srikakulam. The state government will support the initiative by providing land and infrastructure.
Reliance plans Rs 43,000 cr coal gasification project in Andhra Pradesh, document shows
Reliance Industries is set to invest approximately 430 billion rupees in Andhra Pradesh for a coal gasification project. This project aims to create 5,000 direct and 35,000 indirect jobs, while attracting further investments over its lifetime. The first phase will involve exploration and pilot demonstrations to establish the project's feasibility. An additional investment of approximately 400 billion rupees will follow if the first phase proves successful.
Kia 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.
BJP demands transparency from Industries Minister on Rs 1,370 cr expansion plans in Tamil Nadu
The Tamil Nadu BJP spokesperson Narayanan Thirupathy challenged TN Industries minister S Keerthana's claims of Rs 1,370 crore expansion plans of South Korean companies. Thirupathy said the investments were not the government's achievement but routine expansion of existing South Korean companies in the state. He claimed that most of the new manufacturing capacity expansion and jobs went to Andhra Pradesh.
ET Interview: Andhra Pradesh plans rule to ringfence investments from political flux, says CM Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu said the state will introduce an Investment Protection Act to ensure that future governments cannot reverse incentives, land allotments, approvals or other commitments made to investors.
ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?
A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business.
From Tata Tiago to Hyundai i20 and Harrier, Jodhpur company surprises employees with brand-new cars this Diwali
A Jodhpur-based education marketing agency, Mediagarh, surprised four employees with brand-new cars as Diwali gifts during its annual Sneh Milan 3.0 celebration on Dhanteras. The company gifted two Tata Tiagos, a Hyundai i20 and a Tata Harrier to employees in recognition of their performance and contributions. Continuing a tradition started two years ago, Mediagarh increased its car giveaways from one in the first year to four this Diwali.
Bengaluru airport road to face 18 months of traffic curbs amid infrastructure work; what is the latest status of the Blue Line Metro and when will it open to passengers?
Bengaluru airport traffic news: Bengaluru Development Authority is commencing an elevated corridor project on Ballari Road starting November 6. The construction will affect traffic movement for the next 18 months, particularly for goods and bus vehicles. Bengaluru Traffic Police has issued a ban on certain vehicles in the construction area to manage congestion. Additionally, the Blue Line of Namma Metro is facing delays due to material shortages caused by restrictions.
Massive fire at south Delhi Kia showroom leaves seven injured, 15 rescued
A significant fire erupted at a Kia car showroom in South Delhi's Saidulajab area, injuring seven individuals. Emergency services swiftly mobilized to control the situation and coordinate rescue operations. Approximately 15 people were rescued from the building's roof and rear, with several suffering from smoke inhalation. The injuries of those hospitalized are reportedly stable, and no fatalities have been confirmed.
Pro Kannada outfit meets Bengaluru airport firms, presses for higher local hiring
Kannada Rakshana Vedike held discussions to address local hiring concerns with companies at Kempegowda International Airport. KRV president T.A. Narayana Gowda emphasised the need for fair employment opportunities for Kannadigas. Several organisations participated in the meeting and expressed commitment to increase local hiring. Chief Minister DK Shivakumar encouraged private employers to utilise Karnataka's talent pool more effectively. The organisation plans further outreach to enhance employment for locals in various sectors.
Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operations
The proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia currently has an installed annual production capacity of around 3 lakh units.
Festive dispatches drive October car sales to record high
India's passenger vehicle dispatches to dealerships are estimated to have risen 13-14% year-on-year to a record 5.25-5.30 lakh units in October, driven by festive demand. Maruti Suzuki, Mahindra, Hyundai and Kia reported record monthly sales, while two-wheeler and commercial vehicle makers also posted strong growth.
Andhra Pradesh beats Tamil Nadu to win Rs 1,614 crore investment from three Hyundai, Kia suppliers
Three South Korean automotive component manufacturers have committed to invest ₹1,614 crore in Anantapur, Andhra Pradesh. Hwashin, Seoyon, and Iwamet have signed MoUs with the state government for setting up facilities. The investments follow Andhra Pradesh's proactive efforts to attract global manufacturing investments. These projects are expected to create 1,418 jobs, enhancing the region's automotive manufacturing capabilities.
Electric car sales nearly double in October
Electric car sales in India nearly doubled year-on-year to 35,777 units in October, taking their share of passenger vehicle sales to 7% from 3.2% a year earlier. Tata Motors led with a 40.7% market share, followed by Mahindra at 23.7%, as high fuel prices and expanding charging infrastructure supported demand.
Hyundai, Tata, M&M, Maruti, KIA October sales surge amid festive cheer; Renault, Escorts Kubota decline
In October, various automakers experienced different sales results, highlighting a mixed performance across the industry. Hyundai Motor India observed a 17.7% sales increase, with domestic and export growth. Tata Motors Passenger Vehicles reported an impressive 23% rise in sales, including a 75% increase in electric vehicles. Conversely, Escorts Kubota faced a 10% sales decline during this time period.
Kia India clocks highest-ever monthly sales of 33,462 units in October, up 13.22%
Kia India recorded its highest-ever monthly wholesales at 33,462 units in October 2026, up 13.22% year-on-year, surpassing its previous record set in September. Cumulative sales rose 21.31% to 2,86,470 units during January-October, exceeding the automaker's full-year 2025 sales, with festive demand and multiple powertrains supporting growth.
Why India’s largest carmaker’s chairman believes small cars still rule the road despite the SUV craze
Maruti Suzuki Chairman R C Bhargava highlighted the ongoing demand for small cars in India. He noted sales figures of 398,000 small cars and 162,000 SUVs in the first half of FY27. First-time buyers now account for 54% of Maruti's sales, marking a significant increase. The recent GST cuts have improved affordability for entry-level vehicles.
Yokohama expands Geolandar X-CV range to 37 sizes, targets India's SUV market
Yokohama India plans to add five new sizes to its Geolandar X-CV tyre range shortly. This expansion aims to cater to the growing crossover SUV market in India. The new sizes accommodate various SUV applications ranging from 16-inch to 20-inch. With this addition, the Geolandar X-CV range will become the largest dedicated crossover tyre range in India.
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