Maha investment climate improving, says Korean envoy

Korea's participation in Maharashtra will increase further as investment climate in the state is improving after the new government came to power, Consul General of the Republic of Korea in Mumbai Seok-Gu Jang said here today.
The Consul General made the remarks during a meeting with Maharashtra Governor Ch Vidyasagar Rao at Raj Bhavan here, a Raj Bhavan spokesperson said.
The Consul General said Korea is actively participating in the 'Make in India' programme with a number of Korean companies already manufacturing in India, particularly in Maharashtra, he said.
The Korean Envoy mentioned that Korean companies including Steel Major POSCO, electronic consumer good giant LG, elevator maker Hyundai are already manufacturing in Maharashtra.

The Consul General said the Speaker of Korean National Assembly is visiting India next month. Korea is expecting a visit by the Prime Minister Narendra Modi on invitation from the Korean President, he added.
Jang informed the Governor that the Gangui Province of Korea has a sister-state relationship with Maharashtra.
He said 1500 Koreans are working in Maharashtra, mostly in Pune and Mumbai, in as diverse areas as shipping, finance, trading and construction. He assured that he will make serious efforts to further enhance the trade, commerce and cultural relations between India and Korea.
The Governor told him that Maharashtra has tremendous potential for tourism and felt that apart from trade and commerce, student exchange and cultural exchange should also be promoted.