Expect better growth by the beginning of FY21, says Manohar Bhat of Kia Motors India

CNBC-TV18 2019-12-06

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At a time when the auto industry is battling a slowdown, announcing plant shutdowns and reporting negative retail sales, South Korean automaker Kia Motors is set to inaugurate its fully functional Anantpur facility in India, with an investment of over USD 1 billion and an installed capacity of 300 thousand units each year. Ahead of the opening, CNBC-TV18's Alisha Sachdev spoke with Kia Motors India’s Manohar Bhat Vice President-Sales at Kia Motors and Yong S Kim Chief Sales Officer & ED at Kia Motors India, where they told her they're softening expectations in December after record November sales, and that the company hopes to see better growth with the start of FY21.
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