New Delhi: South Korean auto major Kia Motors Thursday announced global debut of its SUV Seltos in India, where it plans to launch four new models in the next two years.
The Seltos has been designed and developed keeping the Indian market in mind but will be exported from the company's plant in Anantapur, Andhra Pradesh, to Middle East, Africa, Latin America and other Asian countries.
"Kia Motors' India project plays a crucial role in our global plans... We have invested tremendous amount of energy and resources to position India as a primary driver of Kia's future success," Kia Motors Corporation President and Chief Executive Officer Han-Woo Park told reporters here.
He said the Anantapur plant will manufacture four new models, including the Seltos, in the next two years. Overall, Kia has invested USD 2 billion in India, including USD 1.1 billion at the plant which has a capacity of 3 lakh units annually, he added.
Elaborating on plans going forward, Kia Motors India Managing Director & CEO Kookhyun Shim told PTI that smaller sports utility vehicle (SUV) and multi-purpose vehicle are on the anvil as the company seeks to have a significant presence in India. Earlier, Kia had stated that it was considering to bring six models in three years, which is one model every six months.
