SEOUL, Jan 7 (Reuters) - South Korea's Kia Motors Corp plans to build an auto plant in India with an annual production capacity of 300,000 cars, a media report said on Friday.
Maeil Business Newspaper said the factory, whose construction will begin in the first half of this year in the Indian state of Gujarat, will start operations in early 2013, citing a key official at parent Hyundai Motor Co.
A Kia spokesman said nothing has been decided on the plant, although it is considering building new factories in India and other countries.
(Reporting by Hyunjoo Jin; editing by Andre Grenon)
((hyunjoo.jin@thomsonreuters.com; +822 3704 5685; Reuters Messaging: hyunjoo.jin.reuters.com@reuters.net)) Keywords: KIA PLANT/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Maeil Business Newspaper said the factory, whose construction will begin in the first half of this year in the Indian state of Gujarat, will start operations in early 2013, citing a key official at parent Hyundai Motor Co.
A Kia spokesman said nothing has been decided on the plant, although it is considering building new factories in India and other countries.
(Reporting by Hyunjoo Jin; editing by Andre Grenon)
((hyunjoo.jin@thomsonreuters.com; +822 3704 5685; Reuters Messaging: hyunjoo.jin.reuters.com@reuters.net)) Keywords: KIA PLANT/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.