No truth in Kia moving to Tamil Nadu: AP govt

No truth in Kia moving to Tamil Nadu: AP govt

People of AP woke up to shock on Thursday that an international news organization, Reuters has claimed that the Kia motors factory in Anantapur is moving out of the state to Tamil Nadu. This has shocked many and then a huge debate started.

The AP government has responded on this report in no time and added that there is no truth in it. Special Principal secretary of industries, Rajath Bhargav has issued a press statement that Kia Motors is not moving out of AP at any cost. The AP government is fully cooperating with Kia Motors in all the required forms.

Reuters has claimed that Kia Motors is not happy with the functioning of AP government and also its policies. Kia has set up its hub in Penukonda of Anantapur district with an investment of USD 1.1 billion. Former AP CM Chandrababu Naidu did everything to get this biggest carmaker to the state.

However, in the last assembly sessions, AP finance minister Bugganna said that Kia Motors had established its factory in AP due to the association Hyundai shared with late YSR.

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