Kia, suppliers plan $2 billion investment in second plant in Andhra Pradesh, targets 2030 production kickoff
Kia and its suppliers have committed to a $2 billion investment to establish a second manufacturing plant in Andhra Pradesh, India. The facility is expected to begin production by 2030, significantly boosting the company's capacity for internal combustion and electric vehicles.
Why it matters
This investment reflects the broader trend of global automakers expanding manufacturing footprints in India to capture the growing domestic and export markets.
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 (November 12, 2026). 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. Kia India, IIT-Tirupati inaugurate ‘Inspire Works’ Makers Lab Kia India, IIT-Tirupati inaugurate ‘Inspire Works’ Makers Lab Kia India invests over ₹25 crore in infrastructure, scholarships and research at the institute to support innovation, prototyping and industry-academia collaboration Kia India, IIT-Tirupati inaugurate ‘Inspire Works’ Makers Lab storyline 1 "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.
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