Bofta BNS Banner May 3rd
Kia pulled out of TN because of corruption: Industrialist

Kannan Ramasamy, managing director of Infratech Infrastructure, on Wednesday, had alleged in a Facebook post that Tamil Nadu politicians asked for “a very huge bribe” to let Kia Motors enter the state. Notably, Kia Motors announced its $1.1 billion investment for a new factory in Anantapur district of Andhra Pradesh on April 27. According to reports, Kia Motors had approached TN industries secretary and SIPCOT to construct the plant in Oragadam complex.

By |

OTHER NEWS SHOTS

Read More News Stories