Kia announced plans to build a second plant in India, invest approximately KRW 2.6 trillion and expand annual production capacity by 200,000 units to a total of 630,000 units domestically. The new plant will be built on a site near Anantapur in Andhra Pradesh and is scheduled to begin production in early 2030.
Kia has decided to build a second plant in India and signed a memorandum of understanding with the Indian government. The investment, approximately KRW 2.6 trillion, is aimed at expanding its local production operations.
The new plant will be built on a site of approximately 1.88 million square meters near Kia's existing Anantapur Plant 1. Kia and its partner companies will jointly invest a total of $2 billion, and the plant is scheduled to begin production in early 2030.
The new plant is expected to have annual production capacity of approximately 200,000 units. Once completed, Kia's production capacity in India will increase to 630,000 units annually, combining the 430,000-unit capacity of Anantapur Plant 1 with that of the new plant. The plant is planned to produce both internal-combustion engine vehicles and electric vehicles.
Hyundai Motor Group has committed to investing approximately KRW 21 trillion in India over the 7 years from 2026 to 2032. Approximately 60% of the total investment will be allocated to improving and expanding production facilities, while the group also advances R&D and the localization of parts. Cumulative investment by Kia and its partner companies has reached approximately KRW 670 billion ($5 billion).