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Kia India Plant Achieves 1 Million Units Production Milestone in Just 4 Years

Kia announced on the 14th (Friday) that it held a “ceremony for achieving production of 1 million units” at its Indian plant located in Anantapur, Andhra Pradesh, India on the 13th (local time). Provided by Kia

Kia India plant recorded cumulative production of 1 million units in 4 years. On the 13th (local time), Kia announced on the 14th that it held a ceremony to celebrate the achievement of producing 1 million units at its Indian plant located in Anantapur, Andhra Pradesh, India. Since the completion of the Indian plant in 2019, Kia has produced 532,450 Seltos, 332,450 Sonet, 120,516 Carens, and 14,584 Carnival, achieving the cumulative production of 1 million units on the 13th, four years later. The millionth vehicle produced is The New Seltos, a model that improves the marketability of Seltos. Last year, Kia recorded cumulative production of 500,000 units in 30 months, the shortest period among automakers in India. Kia also announced the vision of its Indian subsidiary on the same day. Through the ‘Kia 2.0’ strategy in the Indian market, the company plans to increase its market share from 6.7% in the first half of this year to 10% in the future. To this end, Kia is expanding its production models and strengthening its sales network by more than doubling the number of dealerships in 300 stores located in 215 cities across India as of the end of June. The Kia India plant is a finished vehicle plant with the largest annual production capacity of 350,000 units. In 2017, after signing an investment contract with the Andhra Pradesh government for the establishment of a plant in India, construction began in October of the same year, and full-scale operation began with Seltos production in July 2019. did. Reporter Choi Woo-ri ecowoori@hani.co.kr
2023-07-14 01:48:38
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