Telangana Invites South Korean Companies to Invest in Hyderabad

Telangana Deputy Chief Minister Bhatti Vikramarka has invited South Korean companies to invest in electronics, EVs, advanced manufacturing, pharmaceuticals and tourism, aiming to strengthen economic ties, technology transfer and job creation.

Telangana Deputy Chief Minister Mallu Bhatti Vikramarka has invited South Korean companies to invest in the state, highlighting opportunities across electronics, semiconductors, electric vehicles, advanced manufacturing, pharmaceuticals, renewable energy and emerging technologies. Speaking at the K-Harmony Festa - Korea Culture Day 2026 in Hyderabad, he said the state was seeking stronger economic ties with South Korea, with an emphasis on job creation, technology transfer and skills development.

Vikramarka recalled discussions held during Chief Minister A. Revanth Reddy’s visit to South Korea in August 2024, saying these had helped lay the groundwork for closer cooperation. He said Telangana intended to expand partnerships involving Korean businesses, universities, research institutions, startups and small enterprises.

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Tourism was another area highlighted by the Deputy Chief Minister. Telangana’s Tourism Policy 2025-2030 aims to attract ₹15,000 crore in investments and generate three lakh additional jobs over five years. He invited South Korean companies to explore opportunities in tourism infrastructure, hospitality, film tourism, wellness tourism and cultural experiences. The state has also outlined plans to develop 27 tourist destinations.

Vikramarka encouraged Korean tourists to visit Telangana and urged young people from both regions to explore opportunities in education, research, employment and creative industries. He also highlighted the state’s cultural attractions, including Charminar, Golconda Fort, Bathukamma, Bonalu and the Ramappa Temple, a UNESCO World Heritage Site. Buddhavanam, near Nagarjuna Sagar, was identified as another destination with potential to strengthen cultural links with East Asia.

The event was attended by Republic of Korea Ambassador to India Lee Seung-ho, who welcomed Vikramarka. The Deputy Chief Minister said cultural exchanges and people-to-people connections were important alongside trade and investment partnerships, describing Hyderabad as a “second home” for Korean visitors.

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Telangana’s outreach reflects its efforts to attract international investment while building cooperation in manufacturing, technology, tourism and workforce development.