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Old 8th February 2020, 14:08   #46
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Default Re: Kia might shift its plant to Tamil Nadu (EDIT: rumour denied by Kia)

Originally Posted by BrakingBad View Post
There is something fishy in the KIA Motors' statement - "We are receiving full support from the State Government of Andhra Pradesh under the dynamic leadership of Shri Jagan Mohan Reddy". They should only be talking about the govt support and not about an individual (Though he is a CM, he is mentioned like an individual - IMHO).

This "Dynamic" word is one of the most abused word by automotive industry
This could be interpreted as "The CM himself rang us and pleaded to remain in AP"
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Old 10th February 2020, 11:56   #47
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Default Re: Kia might shift its plant to Tamil Nadu (EDIT: rumour denied by Kia)

AP government to register protest with Reuters

The AP government will formally register its protest with international news agency Reuters for reporting that automobile major KIA Motors is planning to move its manufacturing facility out of the state.

A senior industries and commerce official told Deccan Chronicle that a letter to Reuters would convey the anguish the report caused and its potential damage in investment circles. “It is least expected of an agency of international repute,” said the official.

The government questioned the report’s genuineness because the agency published it despite KIA Motors denying any such move. “The report says KIA wants to relocate and within that report KIA officially denies relocation,” he said.

Meanwhile, social media continued to debate the Reuters report while some went to the extent of seeing a nexus between Telugu Desam general secretary Nara Lokesh and Reuters. Deputy Chief Minister Shankara Narayana also levelled allegations against the TD general secretary.

Speaking to Deccan Chronicle, Mr Lokesh ridiculed the allegations and said: “The government has come to a position to say even news reported by Reuters is fake.” He took on Chief Minister Y.S. Jagan Mohan Reddy who, the former said, is singularly responsible for driving away industry. “Ultimately, people will suffer,” he lamented.
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