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Korean electronics firms interested to invest in Uttar Pradesh

Monday, 04 May 2020
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Korean electronics firms have expressed interest in investing in Uttar Pradesh amid reports that companies with investments in China are exploring the possibility of moving out of that country following the Coronavirus outbreak.

The government of Uttar Pradesh has promised it will provide all help to the Korean investors to set up their plants in the state. The meeting happened over a video conference on 3 May 2020 organised by the PHD Chamber of Commerce and Industry.

The government is planning to set up a logistics park in the state, for which the standing policy will be revised. The Central and Uttar Pradesh governments are collectively working towards bringing the domestic industrial sector back on track.

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