ASIA

Korean investment in Warangal Textile Park ; Federation welcomes CM Revanth Reddy's call for Business Roundtable

Anjali

Korean companies have expressed interest in investing in the Kakatiya Mega Textile Park in Warangal. The Korea Textile Federation has responded positively to the call of Chief Minister Revanth Reddy.


As part of his South Korea visit, Telangana Chief Minister Revanth Reddy is holding meetings and discussions with the heads of several global companies and business groups. He was speaking at a business roundtable organised by the Korea Federation of Textile Industry (KOFOTI).


The CM said that the Telangana government's initiative to expand the textile sector is in favour of local as well as world-class companies. The Chief Minister explained the investment opportunities in the Warangal Mega Textile Park.


The business roundtable was attended by heads of 25 top textile companies, including Youngone Corporation Chairman Kihak Sung and Korea Federation of Textile Industry (KOFOTI) Executive Vice Chairman Soyoung Joo. Minister for Industries and IT Duddilla Sridhar Babu and senior officials attended the meeting.