Reuters is reporting that Kia, the South Korean carmaker, is close to picking a site for its first Indian factory next month. The proposed factory is to start by 2019 and will make 300,000 cars eventually, says the report.
Kia is a part of the same industrial entity as Hyundai, and it’s pretty clear that Kia will leverage the existing supplier base that Hyundai uses. Hyundai, of course, is a huge force in the Indian market. It recently sold its 1…
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