PL/OB Diego
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Hmmm, wonder where all those unassembled parts are coming from for the India market?
A CKD assembly line has been set up at Kia's India Anantapur factory.
● Completely Knocked Down Units refers to high-end cars whose parts are officially imported from foreign countries and are assembled in the selling country.
● Importing CBU (Completely Built Units) products attracts a hefty custom duty of 120% whereas CKD assembly operation costs almost half of that. The projected sales volume for the aforementioned premium models doesn’t justify the investment required for local manufacturing.
www.rushlane.com
A CKD assembly line has been set up at Kia's India Anantapur factory.
● Completely Knocked Down Units refers to high-end cars whose parts are officially imported from foreign countries and are assembled in the selling country.
● Importing CBU (Completely Built Units) products attracts a hefty custom duty of 120% whereas CKD assembly operation costs almost half of that. The projected sales volume for the aforementioned premium models doesn’t justify the investment required for local manufacturing.
Kia Telluride SUV launch being considered for India via CKD
Kia Telluride SUV India launch is under consideration. Telluride is the largest and the most expensive Kia SUV ever to be built.
www.rushlane.com
