CM Revanth Reddy / Korean companies can set up textile factories in Telangana, Revanth Reddy has given the proposal

CM Revanth Reddy: Telangana Chief Minister A Revanth Reddy is on a visit to South Korea, where he described the Warangal Textile Park as an ideal investment destination for Korean companies. He has arrived in South Korea after completing his US visit. State Industry Minister D. Sridhar Babu and a team of officials are accompanying him.

The Telangana Chief Minister's Office's base account on the social media platform 'X' quoted Reddy as saying, "In a business roundtable organized by KOFOTI (Korea Federation of Textile Industry), the Mega Textile Park in Warangal was presented as an ideal investment destination to Korean textile companies."

Met Korean businessman

The Chief Minister and his team also held talks with the senior leadership of LS Corp, one of Korea's largest industrial groups. Revanth Reddy wrote in a separate post on 'X', "We started our day with extensive talks with LS Corp (formerly part of LG Group), one of Korea's largest industrial groups. My team met LS Group Chairman Koo Ja Yoon and his senior leadership.''

Also took a ride in a Waymo car

Before leaving for Korea, the Chief Minister also took a ride in a driverless 'Waymo car' in San Francisco, USA. According to an official press release issued on Sunday, the delegation that visited the US included IT and Industry Minister D. Sridhar Babu and several officials. They concluded 19 investment deals/MoUs during more than 50 business meetings and three round table conferences in New York, Washington DC, Dallas and California. This will bring a total investment of Rs 31,500 crore to Telangana and create 30,750 jobs.