Kia’s Anantapur factory has an installed capacity of 3 lakh units, which is being fully utilized in three shifts.
Kia India plans to increase the annual production capacity of its Anantapur factory to 4 lakh units by the end of this year.
According to a media report, Kia is looking to streamline the production process. That being said, the company has ruled out the need for a new production line, as the additional capacity could be managed with efficiency enhancement.
At present, Kia’s Anantapur factory has an installed capacity of 3 lakh units, which is being fully utilized in three shifts. Rising domestic sales and exports have prompted the carmaker to find ways to ramp up capacity.
Kia currently has a 6% market share in the Indian passenger car segment. The carmaker is said to have produced over 5 lakh vehicles in India. It has exported over 1 lakh units to date, making it one of the leading exporters in the country.
Keyword: Kia India to ramp up production capacity to 4 lakh units