Jana Sena President Pawan Kalyan a few days ago in his Anantapur meeting went on to ask how industries will come to the district when there is no water. Andhra Pradesh Chief Minister Chandrababu Naidu seem to have an answer ready. Hyundai sibling is looking to make its entry into India by setting up its maiden factory.
It is emerging that the company has almost zeroed in on Anantapur for setting the shop. Various locations in the district are explored and the plant will come up in 400 acres. Very soon an announcement will be made. The Plant works will begin after the announcement and the company will bring it to operations by 2019.
The company is reportedly mulling over setting up a factory with annual capacity of 3,00,000 units with an investment of around 5000 Crore. Hyundai has a facility at Sriperumbudur, about 40 km from here. KIA Motors sells several models, Sportage, Optima, Cadenza, Soul, globally and has manufacturing facilities in Korea and Mexico. So, Naidu has got an instant Answer for Pawan Kalyan