Kookhyun Shim to drive Kia in India

Kookhyun Shim

New MD & CEO will oversee $1.1-b investment plan

Hyderabad, January 3

Kia Motors India has appointed Kookhyun Shim as Managing Director and Chief Executive Officer responsible for driving Kia Motors’ expansion into the Indian market.

In April 2017, the $45-billion Kia Motors signed a memorandum of understanding with Andhra Pradesh to build a new manufacturing facility in Anantapur district.

The ground-breaking ceremony of Kia Motors’ first manufacturing facility in India is under consideration to commence in the first quarter of 2018.

The 58-year-old Shim will oversee the construction of Kia's first manufacturing facility in India and strengthen its position in the fifth largest global automotive market.

He recently served as Head of Kia Motors Manufacturing Georgia Plant Coordination Group.

The company's future development will be supported by a $1.1-billion investment plan for a greenfield manufacturing base in Andhra Pradesh.

The facility is expected to begin production in the second half of 2019 and roll out approximately 300,000 units per year. Han-Woo Park, President, Kia Motors Corporation, in a statement said: “We recognise India as a major market with huge potential for our world-class cars. We are confident that Shim’s leadership will provide the direction we need to grow our presence in what is one of the world’s biggest new car markets,” he said.

Recently, a number of Korean auto ancillary companies signed up with the Andhra Pradesh government to be part of the Kia moves to set up a manufacturing base in India.

Published on January 04, 2018


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