No plan to shift AP plant: Kia Motors

Korean automaker Kia Motors on Thursday stoutly rejected a statement that it was intriguing to change its $1.1-billion car manufacturing plant out of Andhra Pradesh and explained the story as baseless.’ The news report astounded us. It is surprising to see such a report when our manufactory in Andhra Pradesh is doing remarkably well. It is the most acute configuration of view and solution,’ Manohar Bhat, Head, Kia Motors India, said to a media. Global news agency Reuters on Thursday published that Kia Motors is in discussions with Tamil Nadu on ‘the chance of passing a $1.1 billion manufactory out of Andhra Pradesh only months after it fully prepared, due to policy differences last year’. It cited unnamed experts close to the inscribed reports. Kia initiated the Andhra plant, it’s first in the world’s fifth-largest car business, in December after two years of development. It has an annual volume of some 300,000 units and generated 12,000 direct and secondary jobs, the report stated. Terming this article as completely untrue and full of falsehoods, Bhat stated: ‘We have very friendly connections with AP government. We have no difficulties and no interests whatsoever. It is unusual to see an unnamed Kia Motors executive being cited in the story. This is the worst form of solution. it is surprising and shocking for us. It is a totally baseless report’. I don’t know who is behind this news, he added.