Three South Korean auto suppliers commit ₹1,614 crore to Andhra Pradesh plants

Andhra Pradesh signed MOUs with Hwashin, Seoyon and Iwamet for automotive component manufacturing facilities in Anantapur district, with combined investment commitments of ₹1,614 crore and expected 1,418 jobs.

“Andhra Pradesh has signed memorandums of understanding with three South Korean automotive component manufacturers, Hwashin, Seoyon and Iwamet, for proposed manufacturing facilities in Anantapur district.”deccanfounders.com

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• deccanfounders.comAndhra Pradesh Secures ₹1,614 Crore Investment Commitments From Three South Korean Auto SuppliersNov 2, 2026

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