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Gujarat Dy CM to hold talks with South Korean firms on investment in technology, textiles

Gujarat Dy CM to hold talks with South Korean firms on investment in technology, textiles

Gandhinagar, Oct 23 (SocialNews.XYZ) Gujarat Deputy Chief Minister Harsh Sanghavi will hold a series of meetings with South Korean companies in Seoul on Friday to explore investment and industrial collaboration in sectors ranging from advanced technology and artificial intelligence to textiles, biotechnology, electronics and food processing.

The high-level delegation, which is visiting South Korea as part of efforts to attract investment under the Vibrant Gujarat Global Summit initiative, is scheduled to hold around 10 one-to-one meetings and roundtable discussions with industry leaders.

 

A business seminar and dinner with members of the Korean industrial community will conclude the day's engagements.

The delegation will begin its programme with a breakfast meeting with Jejeong Lee, chairman and chief executive officer of the Advanced Technology Centre Association (ATCA), and leading researchers to discuss potential cooperation in advanced technology.

Sanghavi is also scheduled to meet Huh Sung, president and CEO of Kolon Industries, which operates in the chemical and textile sectors, and Stephen Kim, CEO of DeltaX, a company working in artificial intelligence and battery energy storage system (BESS) solutions.

The deputy chief minister will visit the headquarters of LS Electric for discussions with its chairman, Ja-Gyun Koo, on investment opportunities in the electronics sector.

The delegation will also meet senior executives of Seoul Viosys, a company specialising in advanced technology, and hold discussions with JT Corporation on industrial cooperation. Textile manufacturing will be another focus of the visit.

Sanghavi is scheduled to visit the headquarters of Youngone Corporation, a leading South Korean textile company, and meet its chairman, Sung Ki-Hak, to discuss opportunities for expansion in the sector.

The delegation will also hold a roundtable with the chief executives of biotechnology companies UMTR, Plantner and Bereum to explore potential areas of cooperation.

In the food and confectionery sector, a meeting is planned with Cho Kyung-woon, global business head of Lotte Wellfood, to discuss expansion opportunities.

The programme includes a visit to the headquarters of Cosmax, a global manufacturer of beauty and healthcare products, where the delegation will meet the company's vice-chairman.

A separate roundtable with South Korean start-ups is scheduled to focus on innovation and the development of Gujarat's start-up ecosystem.

The delegation will also meet representatives of leading Korean law firms to discuss regulatory requirements and measures to facilitate investment.

The day's engagements will conclude with a business seminar and dinner organised by the Indian Chamber of Commerce in Korea (ICCK), where the delegation is expected to hold discussions with Korean entrepreneurs on industrial partnerships and investment opportunities in Gujarat.

The visit is aimed at strengthening economic ties between Gujarat and South Korea and identifying potential areas for investment and collaboration across multiple industries.

Source: IANS

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Gujarat Dy CM to hold talks with South Korean firms on investment in technology, textiles

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