16 Korean companies sign MoU with Andhra government to set up ancillary units_16 Korean companies sign MoU with Andhra government to set up ancillary units

16 Korean companies sign MoU with Andhra government to set up ancillary units

May 21, 2024

According to the official statement, the two companies will invest $737 million (Rs. 47.91 billion) to create 6,583 jobs.

Today, around 16 The company signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government for Ananthapuramu to set up a manufacturing plant in the region to establish an automotive ancillary division under the South Korean automaker Kia Motors program.

According to the official statement, the two companies will invest $737 million (Rs. 47.91 billion) and provide 6,583 jobs.

Representatives of the Korean company and Industry Minister Solomon Arokia Raj Chief Minister NN signed the MoU at the Secretariat Chandrababu Naidu N and Industry Minister Amarnath Reddy were also present.

Automobile giant Kia Motors will invest $1.1 billion to set up its first automobile manufacturing plant in Eramanchi, Anantapuram, India.

Kia plans 2019 Kia Motors plans Mid-year in Ananthapuramu The plant launched its first India-specific car.

The state government is developing Korean cars and cities in the region will nurture various industrial units to meet this demand.

Recommended Suppliers

TDDCHEM SINGAPORE PTE.LTD（cnauto）

Retailer

CN Supplier

1 YRS

Main Products:

Titanium dioxide, pigments, fillers, alcohols

Established:

2024-09-13

Company Size:

10000

Contact Supplier

Geely Jiyue 01 Max

LEADING IDEAL L9

Shandong Tuduoduo Digital Technology Co., Ltd

Retailer

CN Supplier

1 YRS

Main Products:

Titanium dioxide, pigments, fillers, alcohols

Established:

2024-08-09

Company Size:

10000

Contact Supplier

Wheel excavator

chengdutuduoduo

Retailer

CN Supplier

1 YRS

Main Products:

Whole vehicle, used car

Established:

2024-08-01

Company Size:

10000

Contact Supplier

Great Wall Artillery 2.0T

Peugeot 301 1.6L

Radar RD6 Pure electricity

Nissan Qijun 2.5L

TDD (QINGDAO ) CROSS-BORDER E-COMMERCE CO.,LTD.

Retailer

CN Supplier

2 YRS

Main Products:

Auto parts、Rubber tyre、Finished car

Established:

2023-01-01

Company Size:

10000

Hebei Mengwang Automotive Technology Co., Ltd

Retailer

CN Supplier

3 YRS

Main Products:

Air filter、Lubricating oil

Established:

2022-09-07

Company Size:

SMEs

Contact Supplier

Hebei Jinlitong Auto Parts Co., Ltd

Retailer

CN Supplier

17 YRS

Main Products:

Production of starters, generators, engines, cages and related equipment accessories for mini vehicles, cars, agricultural vehicles and diesel vehicles; and import and export business of self-operated products

Established:

2008-10-24

Company Size:

Miniature

Contact Supplier

QUANZHOU JUNHUA MACHINERY CO.,LTD

Manufacturer/Factory

CN Supplier

7 YRS

Main Products:

excavator and bulldozer undercarriage part(track roller,carrier roller,idler,sprocket/segment,track link)

Established:

2018-05-22

Company Size:

5000 square meters

Contact Supplier

undercarriage part for Catpillar D8N D8R track roller single flange 7T9188 246-0775

spare parts undercarriage parts track roller double flange D8N D8R D8L D8T

undercarriage part for Catpillar D8N D8R track roller single flange 7T9188 246-0775

track roller double flange undercarriage part D8R D8N D8T D8L 9W8705 196-9947

Shanghai Lianteng Industrial Co., LTD

Retailer

CN Supplier

17 YRS

Main Products:

Auto parts wholesale; Auto parts retail; Machinery and equipment sales; Sales of electronic components and electromechanical components; Sales of electronic products

Established:

2008-10-22

Company Size:

Minor

Contact Supplier

Yiwei New Energy Technology(Chengdu)Co.,Ltd

Retailer

CN Supplier

3 YRS

Main Products:

New Vehicle, Used Vehicle, Electric Vehicle, Gasoline Vehicle

Established:

2022-06-24

Company Size:

20-50人

Contact Supplier

Zeekr 001 YOU Spec 100kWh All-Wheel Drive

BMW iX1 2024Model eDrive25L M Sport Pack

BYD Song Plus EV 2025Model 605km Flagship Edition

Geely Jiyue 01 Max

Zhongqi Huizhong Auto Parts Co., LTD

Retailer

CN Supplier

8 YRS

Main Products:

Auto parts and accessories manufacturing; Production and sales of engine parts, automotive supplies and automotive lubricants，Car modification; Automotive technology development

Established:

2017-09-26

Company Size:

大型

Hot Information

Tesla Autopilot and similar automated driving systems get ‘poor’ rating from prominent safety group

April 1, 2024