Hyundai owned Kia Motors is ready to enter the Indian market shortly. The company is into final stage of making a giant leap into the world’s second largest emerging car market. According to the sources close the development, the company is also working on a plan to build a manufacturing facility in the Indian market.
A senior official confirmed the company’s plans without providing any further details . “We, at Kia Motors, are only in the initial feasibility study stage in terms of deciding if we will eventually enter the Indian market. Hence, it is too early at this point to comment on any specific question,” Michael Choo from Kia’s international public relations team said from Korea.
The word ‘Kia’ derives from a Korean phrase that means “to arise to the world from Asia” and the company has identified design as its core future growth engine. Kia has a sizeable presence in almost all the key global markets like the US, Europe and China. It is believed that the company may launch products like Picanto and Proceed in the Indian market, besides its top-selling sedans Forte and Rio.
