Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1547)

2017-04-28 Business

1547.

Which company sign a MoU with the Andhra Pradesh Government to build a new plant in Anantapur district?

Honda

Ford

Kia

Volkswagen

Answer: Option

Explanation:

Hyundai subsidiary Kia Motors has signed an MoU with Andhra Pradesh govt to set up its first car manufacturing plant in Anantanagar. It is lining up around $1.1 billion. Kia plans to produce the compact sedan and compact SUV for the Indian market at the new plant, which will include facilities for stamping, welding, painting and assembly.