Lokesh Woos Korean Tech Investments
Nara Lokesh held a series of high-level meetings with South Korean industry leaders in Seoul, inviting investments in advanced manufacturing, electronics, artificial intelligence, healthcare, and startups in Andhra Pradesh.
During discussions with Lee Cheong-geun of Shoealls Co. Ltd., Lokesh sought faster implementation of the company's proposed ₹300-crore smart healthcare footwear manufacturing unit, expected to generate around 3,000 jobs. He also proposed an R&D centre and retail hub in the state.
Lokesh met executives from SOLUM Group, Soft-Epi Co. Pvt. Ltd., Hyosung Heavy Industries, and Seoul Semiconductor, inviting them to expand manufacturing and technology investments in Andhra Pradesh.
Addressing a startup round-table, he showcased the Ratan Tata Innovation Hub and proposed an India-Korea Startup Corridor to strengthen collaboration between entrepreneurs from both countries. Lokesh also highlighted Andhra Pradesh's ambition to become India's AI capital through a Google AI Hub, a large data centre ecosystem, and the country's first Quantum and AI University in Amaravati.
