Gujarat Woos South Korean Textile Giant Youngone, Pitches 1,142-Acre PM MITRA Park

The invitation was extended during a meeting with Youngone Corporation President Jae-young Park and senior company officials in Daegu, South Korea, on Thursday. A high-level Gujarat delegation is visiting South Korea as part of preparations for the upcoming Vibrant Gujarat Global Summit, following an earlier visit to Japan to strengthen international partnerships.

Youngone operates in outdoor sportswear, performance garments and textile manufacturing. The company has a global workforce of around one lakh people and is a major producer of high-quality fabrics and synthetic materials.

Gujarat highlights its integrated textile industry

Sanghavi highlighted Gujarat's established position in India's textile sector, stating that the state accounts for approximately one-third of the country's man-made fibre production and nearly 65 per cent of its denim output.

He said Gujarat has an integrated textile value chain spanning cotton cultivation, spinning, fabric manufacturing and ready-made garments.

The Deputy Chief Minister also invited Youngone representatives to attend the Vibrant Gujarat Global Summit and visit textile clusters across the state to assess potential investment opportunities.

The proposed PM MITRA textile park in Navsari was presented as a key destination for Korean businesses. Spread across approximately 1,142 acres, the park is designed to bring spinning, weaving, processing, technical textiles and garment manufacturing together within a single integrated ecosystem.

According to Sanghavi, the facility could provide Korean companies with opportunities to establish manufacturing operations and collaborate with businesses across different stages of textile production.

Gujarat and South Korea explore textile cooperation

Earlier on Thursday, the state delegation participated in the Gujarat-Korea Textile Industry Cooperation Roundtable at the Korea Textile Development Institute (KTDI) in Daegu, a major textile industry hub.

The discussions focused on technical exchanges, business partnerships and potential investments, particularly in textile machinery and fabric manufacturing.

Addressing the gathering, Sanghavi said Gujarat's textile industry connects multiple stages of production, from cotton cultivation and spinning to denim, synthetic fabrics and exports.

He highlighted South Korea's expertise in advanced technologies, specialised fibres and performance materials, saying these capabilities could complement Gujarat's manufacturing capacity and established supply chains.

Sanghavi said the state was keen to understand the requirements of Korean businesses and develop partnerships that could support innovation and sustainable growth.

Infrastructure and industrial policies pitched to investors

The Deputy Chief Minister also highlighted Gujarat's industrial policies and transport infrastructure as potential advantages for investors.

Connectivity through Surat International Airport, Hazira Port and the Dedicated Freight Corridor was presented as a factor that could support manufacturing, logistics and exports.

The roundtable began with a visit by Sanghavi and the delegation to KTDI's research and development facilities, pilot facilities, and testing and analysis centre.

Youngone Corporation President Jae-young Park welcomed participants, while Nishikant Singh, Deputy Chief of Mission at the Indian Embassy in Seoul, delivered the opening remarks on bilateral trade relations.

Mamata Verma, Additional Chief Secretary of Gujarat's Industries and Mines Department, outlined the state's textile industry, infrastructure, policies and investment opportunities for South Korean companies.

The delegation also held discussions with Korean manufacturers on potential areas of collaboration.

Textile machinery and fabric manufacturers participate

Gujarat officials attending the meeting included Industries Commissioner P. Swaroop, Finance Department Joint Secretary (Budget) Arvind V, Joint Industries Commissioner Kanak Der and Deputy Chief Minister's Secretary Ashish Kumar.

Representatives from Youngone Corporation and KTDI participated alongside eight textile machinery companies, including Mikwang, Ace, Samil, Wooyang and Ilsung, as well as four fabric manufacturers: Haewon Trading, Bohyun Textile, Dongjin and Hyundai Chemical Fibre.

Around 28 delegates, including company heads and chief executive officers, took part in the roundtable.

The outreach forms part of Gujarat's broader effort to attract international investment ahead of the Vibrant Gujarat Global Summit. The proposed Navsari textile park and discussions with South Korean manufacturers are intended to create opportunities for technology exchange, manufacturing partnerships and stronger links between the two countries' textile industries.