Gujarat Deputy Chief Minister Harsh Sanghavi has invited South Korea’s Youngone Corporation to explore textile investment and joint venture opportunities in the state, highlighting the proposed 1,142-acre PM MITRA Park in Navsari as a potential destination for collaboration.

The invitation was extended during a meeting with Youngone Corporation President Jae-young Park and senior company officials in Daegu, South Korea, as part of Gujarat’s efforts to strengthen international industrial partnerships ahead of the Vibrant Gujarat Global Summit.

Gujarat highlighted its strong textile manufacturing capabilities, accounting for approximately one-third of India’s man-made fibre production and nearly 65% of the country’s denim production. The state also offers an integrated textile value chain covering cotton cultivation, spinning, fabric manufacturing, processing and garment production.

The proposed PM MITRA Park in Navsari aims to bring multiple stages of textile manufacturing together, including spinning, weaving, processing, technical textiles and apparel production. Gujarat’s industrial policies, transport infrastructure, ports and freight connectivity were also presented as advantages for manufacturers and exporters.

During the Gujarat-Korea Textile Industry Cooperation Roundtable at the Korea Textile Development Institute in Daegu, officials discussed potential investments, technical exchanges and business partnerships in textile machinery and fabric manufacturing.

Sanghavi highlighted the complementary strengths of the two markets, noting that South Korea brings advanced technology, innovative fibres and performance materials, while Gujarat offers manufacturing capacity and an established textile supply chain.

Representatives from Youngone Corporation, textile machinery companies and fabric manufacturers participated in the discussions to identify potential areas of cooperation.

The initiative reflects Gujarat’s efforts to attract international investment, strengthen textile manufacturing and expand India-South Korea industrial cooperation, with the proposed PM MITRA Park positioned as a potential hub for integrated textile production and exports.