- South Korea’s Kia Motors is discussing with Tamil Nadu the possibility of moving a $1.1 billion plant out of neighbouring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.
- Kia is being represented in the talks by executives at its sister company Hyundai Motor Co, which is India’s second-largest automaker and has all its car production facilities in Tamil Nadu.
- The Tamil Nadu and Andhra Pradesh chief minister’s offices did not respond to requests for comment.