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The world’s largest democracy
is going to get more crowded with a new player in its automotive market.
Kia Motors, an affiliate of Hyundai
Motor Company, is planning to enter India by the end of 2006. According to a senior official, the Korean automaker will
first focus on the compact car segment, bringing in its Rio or Picanto vehicles, though that may change depending on
the results of the company’s market surveys.
Parent company Hyundai Motors already sells cars in India but
Kia will operate independently.