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South Korea's Kia invests in Indian factory after China troubles hit profit

Friday, April 28, 2017 - 05:50

Seoul

SOUTH Korean carmaker Kia Motors Corp signed a deal on Thursday to invest about US$1.1 billion to build its first factory in India, aiming to tap a fast-growing market at a time when its China sales are sagging.

The Hyundai Motor Co affiliate posted a 19 per cent slump in

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