The Korean wave also known as Hallyu has become a worldwide phenomenon over the last decade. This has made Korean culture including dramas, movies, music, food, tourism and studying in Korea popular. Hyderabad is no exception to the influx of Hallyu.
Koreaphiles in Hyderabad love to indulge in experiencing Korea. The Honorary Consulate General Office conducts various events to strengthen the cultural bond between the two regions.
In bringing various performances to Hyderabad, we believe that this will serve as a window to our state and city for the visiting Korean artists. At the same time, the locals will also get acquainted with Korean Culture.
The trade and economic relations between India and Republic of Korea have gathered momentum in recent years with bilateral trade reaching $21.5 billion in January-December 2018. The bilateral Comprehensive Economic Cooperation Agreement (CEPA) set in place since 2010 has spurred the trade and investments both ways. In 2018, Korea’s investment to India crossed the $1 billion mark for the first time, recording $1.053 billion. Korea’s total FDI to India up to December 2018 stands at $5.95 billion. Investment from India to Korea are approx $3 billion led by Tata Daewoo, Ssangyong and Novelis. India and South Korea signed 6 agreements in 2019 during Prime Minister Narendra Modi’s visit to Korea to enhance cooperation in key areas including infrastructure development, media, startups and combating global crime.