
Published on: Tuesday, Tue, 17 Jul 2018 ● 2 Min Read
June 2018 – Kia Motors, company head quartered in Seoul, South Korea, 6th largest producer of Cars and SUVs is entering into Indian Market, with an investment of USD 2 billion and with production capacity of 300,000 vehicles per year from the world class manufacturing facility setup in Anantapur District, Andhra Pradesh.
Crescendo Worldwide, an International Trade & FDI generating organisation has joined hands with Kia Motors for manufacturing of cost efficient cars in India.
Executing this vision, Crescendo Worldwide organised the Kia Motors Supplier Meet in Delhi on 29th May 2018, where 200+ Tier 1 and Tier 2 companies and suppliers from various cities of India met KIA Motors India Team. The event was in line to Prime Minister Narendra Modi’s vision of Make in India.
The event was addressed by Mr Lee Sanghwa, Chief Procurement Officer of Kia Motors India, Mr.Vishal Jadhav, President, and Ms Nidhi Shree, Head – Strategic Global Business Expansion, Crescendo Worldwide.
In this event 25 Korean Tier 1 suppliers of Kia Motors also participated. Indian companies got an opportunity to see the latest models of Kia Motors – and understand more about parts, components and assemblies.
Crescendo Worldwide, leading organisation in India with team of 70+ experts from various sectors and presence in 21 countries globally, supports companies for joint ventures, mergers & acquisitions, technology transfer, outsourcing, supplier development, distribution network formation, global subsidiary formation, facilitation of inward and outward FDI, etc.
India and Korea share long history of Trade & FDI and this event is going to take these relations on new heights.