Kia begins Seltos SUV exports
16th Oct 2019 8:00 am
The Korean carmaker has shipped its first consignment (471 units) of made-in-India Seltos SUVs, from the Chennai port. The shipment is headed to Middle East and South Asian countries.
Kia Motors India is the latest Indian automaker to begin exporting its made-in-India products. The Korean carmaker has shipped its first export consignment of 471 Seltos SUVs in September from the Chennai Port.
It is understood that the destination of the exported SUVs is South America, although details of the shipment have yet to be received. Other export markets on the cards for the company are the Middle East and South Asian countries.
On September 5, Chennai Port Trust had signed a Memorandum of Agreement with Kia Motors India and its logistic partner Glovis India Anantapur Pvt Ltd for the export of cars through Chennai Port. The agreement, which is valid till 2029, was signed by Mukesh Balani, traffic manager, Chennai Port Trust, and Jong Soo Kim, chief operating officer, Kia Motors, in the presence of P Raveendran, chairman, Chennai Port Trust; Cyril C George, deputy chairman, Chennai Port Trust; M M Parthiban, Principal Commissioner of Customs, and Jim Young Kim, managing director, Glovis.
Chennai Port is offering tailor-made facilities and concessional benefits for the export of vehicles to Kia Motors India, which will exclusively use Chennai Port for this purpose. It is understood that around 30 percent of the production from its Anantapur facility would constitute exports.
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