Tag: factory

Kia Motors officially announce plans to enter India, could begin manufacturing in 2019

Kia Motor corporation has officially announced its plans to enter the cut throat Indian market, while production will begin in 2019. Kia Motors signed a memorandum of understanding (MOU), with the state government of AP, to build a new manufacturing facility in the state. The company’s first manufacturing facility will be built in Anantpur district in Andhra Pradesh, …

Mahindra inaugurates new Reva facility in Bangalore

Mahindra Reva Electric Vehicles Pvt. Ltd a part of Mahindra & Mahindra Group, today inaugurated its manufacturing facility in Bangalore. Inaugurating the world-class, energy efficient, green manufacturing facility, Mr. Anand Mahindra, Chairman and Managing Director, Mahindra Group unveiled the Group’s vision to co-create and shape the “future of mobility”. On the occasion, Anand Mahindra, chairman of Mahindra Group …

Triumph inks plant deal with Karnataka state government

UK-based premium bike-maker Triumph motorcycles recently signed a memorandum of understanding (MoU) with the Karnataka state government. According to our sources, Triumph has been allotted 30-40 acres of land at Narsapur (Kannada: ನರಸಾಪುರ) in Kolar district, a place 52 km distant the state’s capital city, Bangalore to build an assembly plant which will commence production in the near …