Gujarat Deputy Chief Minister Harsh Sanghavi has invited South Korean textile major Youngone Corporation to explore investment opportunities and joint ventures in Gujarat, with the proposed 1,142-acre PM MITRA textile park in Navsari positioned as a potential hub for bilateral cooperation.

The invitation was extended during a meeting with Youngone Corporation President Jae-young Park and senior company officials in Daegu, South Korea. The Gujarat delegation is visiting the country to strengthen international partnerships ahead of the Vibrant Gujarat Global Summit.

Sanghavi highlighted Gujarat's strong position in India's textile industry, noting that the state accounts for approximately one-third of the country's man-made fibre production and nearly 65% of its denim production. Gujarat's integrated textile value chain spans cotton cultivation, spinning, fabric manufacturing and garment production.

The proposed PM MITRA textile park aims to bring spinning, weaving, processing, technical textiles and garment manufacturing together within a single industrial ecosystem. The project is expected to provide Korean companies with opportunities to establish manufacturing facilities, develop partnerships and strengthen export capabilities.

Gujarat's industrial policies, connectivity through Surat International Airport, Hazira Port and the Dedicated Freight Corridor were also highlighted as advantages for manufacturing and international trade.

Earlier, the delegation participated in the Gujarat-Korea Textile Industry Cooperation Roundtable at the Korea Textile Development Institute (KTDI) in Daegu. Discussions focused on technical exchanges, business partnerships and investment opportunities, particularly in textile machinery and fabric manufacturing.

Sanghavi emphasised that South Korea's expertise in advanced fibres, performance materials and textile technology could complement Gujarat's manufacturing capacity and established supply chains. The collaboration could support innovation, improve industrial competitiveness and expand the global reach of both countries' textile industries.

The roundtable included representatives from Youngone Corporation, KTDI, textile machinery manufacturers and fabric producers. Participants also visited KTDI's research and development facilities, pilot facilities and testing centres to explore opportunities for technological cooperation.

The Gujarat government has encouraged Korean businesses to visit the state's textile clusters and consider investment opportunities at the upcoming Vibrant Gujarat Global Summit. The initiative reflects Gujarat's efforts to attract international investment, strengthen textile manufacturing and expand export links through strategic partnerships.