January 07, 2011 / 09:06 IST
South Korea's Kia Motors Corp plans to build an auto plant in India with an annual production capacity of 300,000 cars, a media report said on Friday.
Maeil Business Newspaper said the factory, whose construction will begin in the first half of this year in Gujarat, will start operations in early 2013, citing a key official at parent Hyundai Motor Co.A Kia spokesman said nothing has been decided on the plant, although it is considering building new factories in India and other countries. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!