VIJAYAWADA: Ministers P Narayana and BC Janardhan Reddy, who are on an official tour of South Korea, visited Seoul as part of their efforts to attract investments to the State.
Accompanied by officials from the Andhra Pradesh Economic Development Board (APEDB) and the Indian Embassy in Seoul, the ministers met senior executives of Kia Motors at the company’s headquarters.
The delegation held discussions with Kia’s Senior Vice President and other top officials on the global sales of Kia cars, the expansion of existing units, and the scope for further investment in Andhra Pradesh.
During the talks, the ministers assured Kia representatives of the State government’s continued support for its operations in Anantapur district. They highlighted the opportunities being created for investors under the leadership of Chief Minister N Chandrababu Naidu, and reiterated the government’s commitment to providing a conducive environment for industrial growth.
The discussions also touched upon a possible expansion of Kia’s plant in Andhra Pradesh, which has already emerged as a hub for automobile manufacturing and exports.
The ministers invited Kia officials to participate in the Global Investors’ Conference scheduled to be held in Visakhapatnam in November, where the State aims to showcase its investment potential to the international business community.
The visit is part of the government’s broader strategy to engage with leading global industries and bring more investment into Andhra Pradesh, particularly in the automobile and manufacturing sectors.