Kia Motors is all set to the enter the Indian market this year with its new products. The Korean carmaker is the sister brand of Hyundai but will likely be positioned above the latter here. The brand had earmarked a 536-acre plot in Anantpur in Andhra Pradesh. Now, work on the same is complete and Kia is all set to start trial production of its first SUV for the Indian market. The SP2i (codename) will be launched in India in the second half of this year. Bookings as well as the name reveal of the SUV should happen in a few months from now.
More than Rs 7050 crore have been invested in this Kia plant. It is the 15th Kia plant in the world and the first in India. The Anantpur facility can produce up to three lakh cars per annum, however should the need arise the capacity can be increased to four lakh. At the moment, this plant is expected to cater to the domestic segment while the exports are also being planned. Kia has built its component makers’ facility in and around its factory. This will enable it to save huge on costs involved in transportation and hence price its cars aggressively. Kia Motors has been developing its dealer network from early 2017, the time it announced its intention of getting in to the Indian market.
The SP2i was also displayed to the media albeit in camouflaged form. The SUV has lost its all-LED headlight ensemble and has got LED projectors instead. This move can be seen as a cost effective one. The car will be a five seater and will be offered with a front wheel drive configuration. Two engines – one petrol and a diesel will be on offer. Both will be turbocharged and will be BS-VI compliant. It is likely that there will be 6-speed manual as well as automatics in the offing. Keeping up with the trend, the car will offer all modern day gadgetry that comes with the Creta and some more.