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.
Source: The Hindu, India Friday, 18 August 2017