Indian Telangana state pitches Warangal textile park to S Korean firms

12 Aug '24

1 min read

Indian Telangana state pitches Warangal textile park to S Korean firms

Pic: Telangana CMO/X

Insights

While interacting with representatives from the Korea Federation of Textile Industry in Seoul recently, chief minister of India's Telangana state A Revanth Reddy pitched the mega textile park in Warangal as an ideal destination for investment from South Korean companies.
In the roundtable, Korean firms responded with amazing enthusiasm, Reddy said on X.

While interacting with representatives from the Korea Federation of Textile Industry in Seoul recently, chief minister of India’s Telangana state A Revanth Reddy pitched the mega textile park in Warangal as an ideal destination for investment from South Korean companies.

The chief minister said this in a post on microblogging platform X using the Telangana chief minister’s office official handle.

He is accompanied by state industries minister D Sridhar Babu during the tour to South Korea following a visit to the United States.

The roundtable, which included Youngone chairman Kihak Sung, KOFOTI executive vice chairman Soyoung Joo and leaders of 25 major South Korean textile companies, responded with amazing enthusiasm, Reddy said.

"Expect to attract more investments for Warangal, and rest of Telangana in the textile sector. My colleague @OffDSB and officials will put together a task force to follow up on all the opportunities for quick closures and action on the ground: @revanth_anumula," he said in the post.

The Indian delegation held talks with senior leadership of LS Corp, one of South Korea's biggest industrial conglomerates, he wrote. "Our talks covered broad interests, including manufacturing investments in #Telangana for electric cables, gas and energy, and batteries," he added.

Fibre2Fashion News Desk (DS)

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