Telangana Government to set up a Korean Industrial Park in the State

KT Rama Rao, Minister for IT & Industries begins his visit in South Korea begins on Thursday.  Minister met the Indian Ambassador to Korea, Mr Vikram Doraiswamy in Seoul. Minister also addressed a business meeting attended by more than 100 delegates in Seoul, South Korea organized by the Indian Chamber of Commerce in Korea (ICCK) and The Government of India.

This meeting was presided by Mr.Vikram Doraiswami, Indian Ambassador to Korea and Mr.Sock Soon Yoon, secretary general, ICCK. Minister assured of all possible help to the Korean investors in Telangana state. A dedicated Korean industrial park with support from government of Telangana was announced by the minister in the meeting. Minister spoke about Telangana state industrial policy and infrastructure facilities available in the state of Telangana. Minister pitched the companies to setup their electronic manufacturing, textiles, life sciences, automotive, machinery and precision engineering plants in the state of Telangana, India.

Delegation led by Minister KT Rama Rao interacted with senior leadership team of Samsung Electronics, Mr Sang-Mo Yim, Senior Vice President and Mr Peter Rhee, Vice President. Minister invited Samsung delegates to examine the investment opportunities in state in the areas of Electronics and medical devices manufacturing. Minister requested the Samsung delegates to invest in the upcoming medical park which is to be set in Telangana, Minister KT Rama Rao visited Samsung innovation museum during the visit.

-Press note