In April 2017, Kia Motors signed a memorandum of understanding (MOU) with the State Government of Andhra Pradesh, India, to build a new manufacturing facility in Anantapur District. With a capital investment of 1.1 Billion USD the manufacturing facility is expected to begin production in the 2nd half of 2019 & produce approximately 300,000 units per year. About Kia Motors Corporation Founded in 1944, Kia Motors is Korea’s oldest manufacturer of motor vehicles. Known for their world class quality, its designs appeal to those who are young at heart. Kia today has over 51,000 employees worldwide with annual revenues of over US$47 billion. Kia produces about 3 million vehicles a year at 14 manufacturing & assembly operations in 5 countries. Kia Motors Corporation's brand slogan – "The Power to Surprise" – represents the company's global commitment to surprise the world by providing exciting and inspiring experiences.
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