Published On:April 27 2022
Story Viewed 1204 Times
Kia Motors to increase production in India to 400,000 units by end of 2022: MD.
South Korea’s Kia Motors will increase production in India by a third to 400,000 units by the end of 2022, its India managing director told ET.
The Seoul-headquartered company had said in an investors call earlier that backorder in India is increasing despite efforts to maximise production. At the end of March 2022, the order book was 127,000 units, led by the newly launched Carens MPV. It was 82,000 in December 2021.
ET