Madhya Pradesh chief minister Shivraj Singh Chouhan on Friday called upon potential investors from South Korea to invest in the state's cultural, educational and social sectors.
During a dialogue with a group of potential investors in New Delhi, Chouhan also said Madhya Pradesh was establishing an electronic manufacturing cluster, where investment in electronics and information technology sectors by South Korean business houses would be possible.
Chouhan said South Korea and India had both gained independence at almost the same time and had gained their place in the world through hard work and struggle.
If both countries exchange economic support and investment, they can achieve higher standards of development, he said.
"South Korea has made excellent progress in the fields of IT, automobiles and steel construction, and MP needs this expert support," Chouhan said.
He urged business leaders from South Korean to invest in sectors such as heavy industries, automobiles, chemicals, renewable energy, electronics, plastic, textile and construction sectors.
The chief minister reminded them that he had visited South Korea in 2012 and met potential investors and officials, who had put forth the need for a simpler investment process in MP.
"Keeping this in mind, we had launched an attractive industrial policy in 2014 with an emphasis on simplifying the processes. Come to Madhya Pradesh, it has huge potential," the CM said.
South Korean ambassador to India Joon-gyu Lee, industries minister Yashodhara Raje Scindia, Amitabh Kant of Make in India project, chief secretary of MP Anthony de Sa and director general of Confederation of Indian Industries Chandrajeet Banerjee were present on the occasion.
Indicating the special treatment in store for them, CM Chouhan said India considered South Korean investors as their sons-in-law because in the 1st century AD, a princess of Ayodhya had apparently married the king of South Korea.