It’s official: Korean carmaker Kia is driving into India with some big bucks in tow. South Korea’s second-largest automobile manufacturer has announced that it will be setting up a manufacturing facility in Andhra Pradesh with a total investment of around $1.1 billion (Rs7,000 crore). Work on the factory, which will have an annual capacity of…

via Under fire in China, South Korean carmaker Kia is coming to India with a $1 billion factory — Quartz

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