Kia India to ramp up production capacity to 4 lakh units

TusharK · 22nd April 2022, 12:25

Kia India plans to increase the annual production capacity of its Anantapur factory to 4 lakh units by the end of this year.

Kia India to ramp up production capacity to 4 lakh units-kia.jpg

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.

Source: ET Auto

Link to Team-BHP News

AGupta · 25th April 2022, 12:53

This is impressive from a new entrant like Kia. The Indian car market is full of opportunities when proper market research is done before launching any new product.

Right now if any new entrant launches a mass-market EV within 10 lacs with the size equivalent to Baleno/Altroz then it's surely going to capture a good market share from urban commuters.

22nd April 2022, 12:25	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 7,505 Thanked: 66,506 Times	Kia India to ramp up production capacity to 4 lakh units 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. Source: ET Auto Link to Team-BHP News
	(4) Thanks

25th April 2022, 12:53	#2
AGupta BHPian Join Date: Apr 2022 Location: Jaipur Posts: 65 Thanked: 56 Times	Re: Kia India to ramp up production capacity to 4 lakh units This is impressive from a new entrant like Kia. The Indian car market is full of opportunities when proper market research is done before launching any new product. Right now if any new entrant launches a mass-market EV within 10 lacs with the size equivalent to Baleno/Altroz then it's surely going to capture a good market share from urban commuters.
	() Thanks