Kia to ramp up production in Andhra Pradesh factory as semiconductor crisis eases, demand grows.

South Korean automobile manufacturer Kia said it will shortly start a third shift at its factory in Andhra Pradesh amid easing of supply constraints of semiconductors to meet growing demand for its vehicles.

The company expects to increase output by a third to 300,000 units in this financial year on the back of the newly launched multi-purpose vehicle Kia Carens, which has been priced aggressively between Rs. 8.99-16.99 lakh (ex-showroom, India).

ET