South Korean Firms Eye Lucrative Opportunities in Rajasthan

Chief Minister Bhajan Lal Sharma's delegation draws South Korean firms to explore business expansions in Rajasthan. Companies like Samsung Healthcare, LX International, and Hyosung Corporation express interest in sectors including healthcare, mining, and carbon fiber production. Furthermore, collaborative initiatives in skill development and technological partnerships in the stone industry are discussed.

On the second day of Chief Minister Bhajan Lal Sharma's high-level delegation visit, numerous South Korean companies showed keen interest in expanding their operations in Rajasthan. Notable firms, including Samsung Healthcare, LX International, Orion Corporation, and Hyosung Corporation, explored various opportunities.

Samsung Healthcare is keen to collaborate with Rajasthan's Medical and Health Department to provide AI-based healthcare devices. Orion Corporation, already established in Bhiwadi, discussed its growth plans, according to an official statement. LX International expressed interest in mining opportunities, particularly in limestone, silica, gypsum, lignite, and renewable energy.

Hyosung Corporation aims to localize carbon fiber production in India. In a roundtable with the Korean Stone Association, topics like technological cooperation and stone exports were discussed. The Chief Minister also visited Seoul Technical High School to explore skill-development collaborations. The delegation is set to continue its tour in Japan to attract investments for the 'Rising Rajasthan' Global Investment Summit 2024.

(With inputs from agencies.)