Kia Motors, Sector 43 ,
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About: The company is planning to enter the Indian market in 2019 with their 'Made for India' SUV- SP2 Concept. The company is currently building a production facility on a Greenfield land in Anantpur district, Andhra Pradesh. The expected annual production capacity is 300,000 units. Kia Motors appoints Kookhyun Shim as MD & CEO. In his new role, Shim will be responsible for leading the carmaker's expansion in the Indian market. Shim will play a leading role in ensuring KMI's projected timeline and schedule of operations is achieved. He will also oversee the construction of Kia Motor's first manufacturing facility in India, to help strengthen the company's position in the fifth largest global automotive market. Kia has committed investments to the tune of $1.1 billion to develop operations in India.