Andhra Pradesh woos South Korean auto industry
Kia motors coming to Anantapur seems to be a recreation changer for Andhra Pradesh as several South Korean companies are following Kia motors to AP. The government is mulling the creation of a ‘South Korea city’ in Amaravati or somewhere else in the state.
Naidu provided land, water, uninterrupted electricity and other incentives for the Koreans in his bid to woo them to the state. A delegation shape the united states sat with the CM earlier this week proposed to usher in at least 30 organizations.
those industries are from sectors like electric powered metallic, logistics, automobile components, heavy equipment manufacturing, ship-constructing, liquors, medical and marine equipment. MOUs may be signed once they come up with comprehensive proposals and designs.