• KOREA 08 Mar 2021 09:28
  • INDIA 08 Mar 2021 05:58

INTRODUCTION

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.

Our Activities

NO Title Date
19 Korea India Economic Relations (as of Feb 2020) 2020-02-18
18 Thai Trade Seminar in Hyderabad 2020-01-18
17 Mou signed between Tavasya and three Korean Companies: Groon , SGT, Puritech 2019-12-14
16 Youngone Corporation to invest Rs.900 crore in KMTP, Telengana 2019-12-11
15 Formal Inaugration of Manufacturing unit of KIA motors in India 2019-12-05
14 Korean Economy grows 0.4% in Q3 2019-12-03
13 India Joy-largest gaming, animation event held in Hyderabad 2019-11
12 Mou signed between Korean Company Odinga and DPS Guntur 2019-11
11 Facilitated trip of 63 Young Indians(YI) to Kia Plant Tour to Anantapur 2019-10-29
10 CII Social Leadership Summit on “Maximising the Impact” 2019-10-25
9 “Accelerate 2.0” International Business Connect by EXIM Institute 2019-10-24
8 KOTRA Workshop held in Hyderabad 2019-10-22
7 MSME Summit by CII (Confederation of Indian Industry) 2019-09-27
6 Korea Caravan – a Korean trade, culture event in Hyderabad 2019-09-24
5 “Integrated Reporting System” workshop by ACCA 2019-09-26
4 Deccan Dialogue at Indian School of Business on “Technology and Trade 2019-08-31
3 Resilience Summit by Indian Economic Trade Organization 2019-08-30
2 Facilitate Young Indian’s Global Excellence Mission to South Korea 2019-08-25
1 Joint Venture Agreement between Korean Cyber Security Company Everspin and Phoenix 2019-07