TN ruled oud roomers on relocating of KIA from AP

By Nehru.T Feb. 06, 2020, 07:26 pm IST
TN ruled oud roomers on relocating of KIA from AP

The hot topic and roomers spreading all over the nation that KIA motors located at Ananthapuram of AP is relocating to Tamilnadu and the management of KIA is negotiating in this aspect and this is caused only by the mismanagement of YSR Congress Government has taken several turns and finally the both AP and TN and even KIA have cleared that there are no such proposals and everything is going smoothly.

Senior officials with the Tamil Nadu government on Thursday told to some news agencies that KIA Motors was not in talks with the state to shift its $1.1 billion manufacturing facility from AP. Senior officials in Andhra Pradesh also denied the accuracy of the report.

Reuters news agency on Wednesday reported that KIA Motors was facing problems in AP and that the firm was in "negotiations" with the Tamil Nadu government to shift out its plant from the state. The report cited a senior government official and two other sources stating that more clarity is expected after a secretary-level meeting next week.
However, a source in the Tamil Nadu government told a news agency that the company has held no such talks with the government. The source said, "No one has contacted us, neither have we contacted them. It is logistically impossible to shift production like that. Only when there is an expansion can they think about a different location." On the other side
Rajat Bhargava, the Special Chief Secretary for Industries and Investments and Commerce in Andhra Pradesh in a press statement said, “The Reuters news is not true. KIA and Govt of AP are working together. We strongly condemn the news,”
Even Mithun Reddy, MP of Rajampeta told in Lok Sabha that he spoke to the MD of that KIA and came to know that there are no such proposals with that firm.

MP V.Vijaysai Reddy also alleged at Delhi that opposition TDP is intentionally spreading such roomers to defame the government. Even Finance minister B.Rajendranath Reddy also clarified that the AP government is industrial and investors friendly and these are completely baseless roomers.

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