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Korean team visits the proposed textile park site

Korean: An official team from Korea Federation of Textile Industries (KOFOTI), led by its chairman Kihak Sung, which is in…

By gta_admin , in International News , at August 18, 2017 Tags:

Korean: An official team from Korea Federation of Textile Industries (KOFOTI), led by its chairman Kihak Sung, which is in India to explore business and investment opportunities in the country, visited the proposed textile park site here on Thursday.

The Telangana State Industrial Infrastructure Corporation Managing Director, Venkata Narasimha Reddy, said Textiles Minister K.T. Rama Rao had invited Mr. Sung, who also owns the Youngone Corporation, to be one of the main investors in the upcoming textile park. The Minister met the delegation on Wednesday in Hyderabad and explained the features and benefits of the project to them. A presentation on the facilities that would come up at the park was also given by the Minister. On arriving in Warangal on Thursday, Mr. Sung and his team members were received by TSIIC MD Venkata Narasimha Reddy and District Collector Prashanth Jeevan Patil. They were shown the work of local weavers.

Later, Mr. Sung enquired about the facilities available in the area where the mega textile park is proposed to come up.

He discussed the master plan for the park and suggested that a bridge over the railway line abutting the textile park would ensure the smooth flow of traffic. The park should work in such a way that it should grow with lesser investment, he opined, adding that the weavers who work hard to produce the products should be provided a market within the textile park.

 

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