The company is a leading Korean electronics manufacturer with a major market share in consumer electronics in India..
The company is in the process of expanding their existing factory in Greater Noida, Uttar Pradesh with an investment of $ 98 mn. However, the company was facing issues in obtaining the Letter of Comfort for availing incentives under the mega project category for one year.
Korea Plus Facilitation
Korea Plus facilitated meetings with relevant State Government officials in Uttar Pradesh to discuss the issue and seek possible resolution. The process was expedited through regular follow-ups and visits by the team, resulting in the Letter of Comfort being released in a time frame of fewer than 2 months.