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AP signs MoU with Kia Motors - Tollybeats

AP signs MoU with Kia Motors

Updated | April 27, 2017 13:56 IST

AP CM Chandrababu Naidu has been successfully attracting the investments into newly formed Andhra Pradesh. For every month, the government has been signing a MoU with the various companies.

Now AP signs MoU with Kia Motors. It set up their first manufacturing plant in the country at Erramanchi in Ananthpur district. Kia Motors investing  Two billion USD in AP by creating 10,000 job opportunities with a yearly plan of producing 3,00,000 SUVs and Sedans. Besides this, Employee Township and Advanced Training Center will also set up.