Korea Consul-General hopes to increase investment in Sri City
The Hindu
Korean CG Kim and KOTRA director Lee visited Sri City to explore investment potential. Ravindra Sannareddy highlighted the Republic of Korea's $5.4B FDI to India.
Chang-nyun Kim, Consul-General of the Republic of Korea in Chennai, expressed hope that the quantum of investment by Korean companies in Sri City industrial zone will witness a rise.
During his visit to Sri City here on Wednesday along with Minhyeong Lee, director of Korea Trade-Investment Promotion Agency (KOTRA), a Chennai-based nonprofit working under the ambit of the embassy, he opined that the business-friendly climate in Sri City would appeal to several Korean companies.
Sri City founder-managing director Ravindra Sannareddy called the Republic of Korea as the 13th largest FDI contributor to India, with investments totalling approximately to $5.4 billion, and also pointed out that Sri City had already hosted three Korean companies.
The visit aimed at witnessing the existing infrastructure at the mega industrial park and assess its business potential. The members also visited the production units of Hyundai Engineering Plastics, SK Pucore and LG Polymers.
Rishabh Pant becomes most expensive IPL buy, three killed in clashes during Sambhal mosque survey in Uttar Pradesh, and more in The Hindu’s top news of November 23, 2024.
Telangana DCA seizes overpriced antifungal medication in Hyderabad for violating government-fixed price ceiling guidelines.
JIPMER Occupational Therapy campaign raises awareness on ergonomics and musculoskeletal health for staff, students, and public.
IPL 2025 Mega Auction rules: Introducing the Right to Match (RTM) rule in IPL 2018, allowing franchises to retain players through auctions.
With their inspiring relationship drama #IWanttoTalk in theatres, #AbhishekBachchan and #ShoojitSircar discuss bringing to screen the story of cancer survivor Arjun Sen, the peculiarities of parenthood, and the role of family in an artistic life.
Andhra Pradesh Health Minister urges expedited land acquisition for Jilledubanda Reservoir project to address water scarcity in Dharmavaram.
Hemant Soren stakes claim to form Jharkhand government after winning 56 seats in Assembly elections.
Arrangements for PM Modi's visit to Visakhapatnam on Nov 29, 2024, including foundation stone laying for NGEL Green Hydrogen Hub.
TDP MPs raise APRA, Polavaram, and social media issues in all-party meeting ahead of winter session.
Lateral entry in civil services without reservations sparks controversy, as parliamentary panel examines the issue in 2024-25.
A conservationist's journey from studying zoology to training dogs for wildlife conservation.