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Problem
Kurra Bewarse
Username: Problem
Post Number: 3757
Registered: 04-2016
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, December 05, 2025 - 12:21 am: | 
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hree prominent Korean firms actively investing or exploring major projects in Andhra Pradesh recently include Hwaseung Footwear (setting up a large shoe plant), LG Chemicals (seeking investment opportunities, especially in chemicals/EV), and potential shipyard partners like HD Hyundai, Samsung Heavy Industries, and Hanwha Ocean (discussing joint ventures). Other key players like SK Hynix, Kia Motors (already present), and Shoealls are also deepening ties, signaling strong South Korean interest in AP's manufacturing and tech sectors.
Here are more details on key firms:
Hwaseung (Footwear): A major global OEM for Adidas, investing ₹898 crore in a large non-leather shoe manufacturing plant in Kuppam, creating thousands of jobs.
LG Chemicals: Ministers met with LG executives in Seoul to discuss boosting investments in AP, likely in high-tech areas.
Big Three Shipbuilders (HD Hyundai, Samsung, Hanwha): In talks for a large shipyard venture in AP with Indian state oil companies, a significant potential investment.
Kia Motors: Already a major player in Anantapur, ministers recently discussed expansion plans with Kia to boost automobile manufacturing.
SK Hynix: A semiconductor giant, also met with AP ministers to explore investment, possibly in semiconductors or related electronics.
Other Noteworthy Mentions:
Shoealls: A medical/smart shoe firm also engaging with AP for investment.
Kunhwa: Exploring infrastructure projects in Amaravati.
These investments highlight AP's focus on attracting major global manufacturers, particularly in footwear, automotive, and electronics, with strong support from South Korean conglomerates.
Ministers Invite South Korean Firms to Invest in AP
29 Sept 2025 — The state has also invited South Korean firms to invest in Andhra Pradesh. These firms include: * **Shoealls** A globa...
Deccan Chronicle
Hwaseung to invest ₹898 crore in non-leather footwear plant at ...
15 Nov 2025 — South Korean giant's unit to come up on a 100-acre campus; project expected to create 17,645 direct jobs as Andhra Prad...
The Hindu
Andhra Ministers visit Seoul to explore investments
30 Sept 2025 — The delegation held discussions with Kia's Senior Vice President and other top officials on the global sales of Kia ca...
The New Indian Express |
Phani
Kurra Bewarse
Username: Phani
Post Number: 4012
Registered: 11-2013
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 04, 2025 - 9:28 pm: |
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names enti dorling |
Problem
Kurra Bewarse
Username: Problem
Post Number: 3755
Registered: 04-2016
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, December 01, 2025 - 12:06 am: |
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3 korean companies
Korea’s Big Three Shipbuilders Eye India’s Andhra Pradesh for New Shipyard |
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