KIA Motors is aggressively gearing as much as foray into the Indian market and has some huge plans to tackle its opponents. The Korean carmaker has revealed that it will likely be launching one new product within the Indian market each six months for 3 years as the corporate aspires to utterly make the most of the 300,000 items of annual manufacturing capability of its Anantpur plant in Andhra Pradesh. "We can be launching one new product each six months for subsequent three years within the Indian market till we attain the manufacturing goal of 300,000 items yearly," stated Yong S Kim, Government Director, KIA Motors India.
KIA Motors is essentially specializing in SUVs and excessive bodied automobiles seeing their reputation in India. It has already been reported that the primary mannequin of KIA Motors would be the SP2I (codename) primarily based on the SP Idea which was showcased on the 2018 Auto Expo and its second launch may be an SUV adopted by an MPV, however it's not been finalized but. The SP2I is now in direction of the top of its improvement stage and the trial manufacturing of it would start early in 2019 on the Anantapur plant whereas the meeting of manufacturing mannequin will begin in July 2019. The KIA SP2I is a compact SUV primarily based on its sister model Hyundai's Creta and can share the engines and underpinnings with the identical however will retain the design attributes of KIA just like the signature Tiger grille and also will get higher high quality interiors.
The SP2I has been developed notably for the Indian market and the 'I' on the finish denotes 'India'. At current, KIA is just focusing to clinch its place within the Indian market and has no plans to export. "I've been assigned for home market just for now. We're clearly open to judge different markets the place the demand for SUVs is however the focus stays on the home market," stated Kim. The assertion entails that the KIA SP2I can be unique to the Indian market initially. The Korean carmaker is concentrating on to exceed the benchmark of a brand new entrant by way of footprints and is aiming to begin with over 80 dealerships in India.