Kia Motors In No Hurry To Enter The Indian Market

Written By:

The head of Kia Motors Corp., on Wednesday, said that his company would eventually produce vehicles in India, but in no hurry.

Speaking at a press meet in Seoul, Korea, Kia Motors CEO, Park Han-woo announced that the company was looking forward to setup a production facility in India.

"Because we are not shipping a single car to India, we will eventually have to go," Park said. He, however, said building a plant in India will not be easy.

"There currently is no right piece of land for a plant in India or the right person to do it," he added.

The company chief informed that the timeline might be a hope but that nothing has been decided yet.

"There is no reason to rush. The more we want, the more desperate we get and those who are desperate always lose, so we try not to rush," Park added.

The Hyundai Motor CEO hinted that at a joint venture with leading IT firms, such as Google, to will help KIA and Hyundai develop self-driving vehicles.

"The two sides both need each other as we need to see how they do while they may not know too well about cars," he concluded.

via The Korea Herald

Read more on: #kia #auto news
Story first published: Wednesday, August 17, 2016, 15:37 [IST]
Please Wait while comments are loading...

Latest Photos