Leading South Korean companies including Samsung Healthcare, LX International, Orion Corporation, Hyosung Corporation and Korean Stone Association have expressed investment interest in Rajasthan following interaction with chief minister Bhajan Lal Sharma who is in Seoul to hard sell Rajasthan, as part of investors summit – Rising Rajasthan – to be held in December this year.
Samsung Healthcare expressed its interest in collaborating with Rajasthan's Medical and Health department for providing AI-based new healthcare devices, while Orion Corporation, which has an existing manufacturing facility in Bhiwadi, discussed their expansion plans for the state.
LX International, another South Korean firm, showed interests in mining opportunities in the state for limestone (steel grade), silica, gypsum, lignite, rare earth minerals and renewable energy while Hyosung Corporation was keen on exploring ways to localise carbon fiber production in India.
The Bhajan Lal Sharma led Rajasthan delegation also participated in a roundtable interaction with the representatives of the Korean Stone Association to seek their interest in technological cooperation, purchasing/distribution, and export of the stones produced in Rajasthan.
“The delegation also explored possibilities of collaboration of Jaipur based Centre for Development of Stones with Korean Stone Association. A delegation from Korean Stone Association is set to visit Rajasthan in October, and they were also invited to India Stone Mart 2026, which will be held in Jaipur in February 2026,” said a senior official who is part of the delegation which consists of deputy chief minister Prem Chand Bairwa, additional chief secretary to CM Shikhar Agarwal and principal secretary industries Ajitabh Sharma among others.
Ajitabh Sharma said that the Rajasthan government has signed an MoU with Korean Stone Association to increase the export of dimensional and processed stones from Rajasthan.
The Chief Minister-led delegation also toured the Seoul Technical High School to explore the collaboration between South Korea and Rajasthan Skill and Livelihoods Development Corporation on imparting skill training to the youth of Rajasthan.
During the visit to the school, Sharma witnessed the remarkable initiatives fostering student innovation and creativity, advanced technical centre at the school, interacted with students, and experienced the highly advanced AI tech being taught in the classrooms.
“The focus on imparting skill development is key to provide employment to the youth. The knowledge gained by practical implementation of the skills and vocational training makes the youth more dynamic and hands-on in addition to the theoretical understanding. I welcome this esteemed institution to visit Rajasthan and set-up an institution in the state,” he said.
With these meetings, the delegation has concluded its South Korea visit and will now proceed to Japan.
Prakash Bhandari is a veteran journalist with over 50 years of experience. He has worked with The Times of India for 30 years and contributed to leading publications as well as international news agency AFP.
