Chhattisgarh Chief Minister Mr. Vishnu Deo Sai met Mr. Jin Sik Yun, Chairman of Korea International Trade Association (KITA), and Vice President Mr. Kim Ki Hyun in Seoul on Thursday. KITA, with over 77,000 members, is Asia’s leading business platform and plays a crucial role in connecting global investors. The meeting marked an important step in expanding investment, technology transfer, and skill development opportunities for Chhattisgarh under its Industrial Policy 2024–30.
Beyond Trade: Cultural and Historical Ties
During the meeting, Mr. Sai emphasized that the relationship between India and South Korea extends beyond business. “Our relations with South Korea are not just trade relations but also cultural and historical. Today’s dialogue will open new doors for investment, technical cooperation, and skill development between Chhattisgarh and Korea. This will provide opportunities to the youth of Chhattisgarh in modern industries and accelerate the state’s industrial development,” he said.
Government’s Commitment to Investors
Mr. Sai assured the Korean delegation that the Chhattisgarh government is committed to providing a smooth environment for investors, including transparent policies, faster approvals, and strong infrastructure. He expressed confidence that the partnership with KITA will place Chhattisgarh prominently on the global industrial map.
Korean Companies Show Strong Interest
KITA Chairman Mr. Jin Sik Yun and Vice President Mr. Kim Ki Hyun welcomed the opportunities presented by Chhattisgarh’s resource base and pro-industry environment. They expressed keen interest in exploring partnerships in multiple sectors, affirming that Korean companies are eager to take concrete steps toward investment in the state.
Promising Sectors for Cooperation
Mr. Sai highlighted that Korean investments will directly benefit farmers, workers, and entrepreneurs of Chhattisgarh. Focus areas include food processing, electronics, automobiles, steel, and renewable energy. He further noted that technology transfer will enhance the competitiveness of local industries and generate thousands of jobs, providing a significant boost to the state’s economic growth.
