New Delhi: South Korean car maker Kia Motors said Thursday it will build a new 1. Nearly four million cars were sold there last year and PriceWaterhouseCoopers predicts that will rise to almost seven million by 2022.India is the world&China auto parts bearings Factory39;s fifth biggest auto market and is growing rapidly. KIA is a South Korean car maker.."Apart from selling to customers in India, global auto makers are also looking at how to use India as base to design and source parts and now Kia is on that journey.The company plans to produce a compact sedan and compact SUV especially for the Indian market at the new plant.Kia Motors said in a statement it would manufacture up to 300,000 cars a year at the new factory in the southern state of Andhra Pradesh, starting in late 2019.1 billion plant in India, marking its entry into one of the world's fastest growing markets as sales in neighbouring China have sagged.Kia and its sister company Hyundai Motor have seen sales in China, the world's biggest car market, hammered by the fallout from a diplomatic spat between Seoul and Beijing over a US missile defence system.

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