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Tamil Nadu: Leading manufacturer Kia Motors pulls out of state 'due to corruption'

+2 votes

Leading manufacturer Kia Motors has dropped its proposal to set up a plant in Tamil Nadu due to corruption, an industrialist's recent Facebook post claims.

Kannan Ramasamy, Managing Director of Infratech Infrastructures Services Private Limited, wrote that his client - the South Korea-based Kia motors - wanted to set up a plant in Tamil Nadu to make compact sedans and SUVs.

But when they approached the Tamil Nadu government for acquiring land, politicians demanded 50 percent more than the official cost as a bribe, he claimed in his post. Kia motors eventually moved to Andhra Pradesh, he said.

asked Jul 29, 2017 in Industries by Babu Duraisamy (210 points)

1 Answer

0 votes
Check this video as well...
answered Jul 29, 2017 by Shan Sundaram (530 points)