Business
Hwashin and Seoyon to invest ₹1,370 crore in Tamil Nadu
South Korean automotive component manufacturers Hwashin and Seoyon have committed to investing ₹1,370 crore in Tamil Nadu. This move comes despite industry reports suggesting some Korean firms are shifting operations to Andhra Pradesh. The companies are expected to formalize these investments through a Memorandum of Understanding at the upcoming state government Investment Conversion Conclave.
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