Skip to main content

Kacharagadla Featured Article

10 Things You Must Do Before Quitting Your Job to Start Your Company

You have a dream but you need a checklist to achieve it. So you've decided you're ready to take the plunge, quit your job, and get your own company up and running. You have an amazing ">businessidea you are ready to launch. You're probably excited and nervous at the same time, which is perfectly understandable. If this is the case, you need to take a step back and remember that you simply can't walk into work tomorrow with your resignation letter.
Being impulsive could be a huge mistake so you need to create a list of the advantages and disadvantages you will face when quitting your job. If you decide it's still what you want to do, there are a few things you must put in place before you quit. 
To help you get ready before your big day of freedom, I've highlighted 10 things you should do before quitting your job and starting your own company.
1. Do research. Quitting your current job before getting your company off the ground may seem like the best option, b…

Kia to ink pact with Andhra Pradesh govt for setting up manufacturing unit

State officials had worked patiently for over a year to make this happen

South Korea’s second largest carmaker, Kia Motors, will end its five-year evaluation on India entry when the company signs a memorandum of understanding (MoU) with the Andhra Pradesh (AP) government later this month for setting up a factory.
State officials had worked patiently for over a year to make this happen. Kia and the AP government have moved swiftly on the follow-up action after a final decision was taken.

The state government had issued orders for acquisition of 600 acres for the proposed manufacturing hub just a day after Kia’s team met chief minister N Chandrababu Naidu on April 12. The government proceeded with the acquisition only after Kia officials were satisfied with the site, after making two-three visits to Penukonda in Anantapur district, sources said. 

The site is located on national highway around 120 km from Bengaluru.

Senior officials of the Andhra industries department had begun working with Kia Motors over a year ago after they first established communication with senior executives of Hyundai India, who were doing the initial ground work on behalf of its sister concern. 

Later, they quickly established contacts with Kia’s leadership in Seoul to directly explain the incentives and other advantages the company can have if it chooses to put up its plant in AP. 

They eventually started discussions with the company on the incentives and  other facilities the company was looking for. Coming to incentives, sky is the limit for mega projects in AP as it promises reimbursement of sales tax one-two times of the capex made on the plant and machinery, power supply at concessional rates among several other incentives.

The state government had also offered attractive incentives to HeroMotoCorp and ISUZU for setting up manufacturing units in the state.

Comments