Seventh largest foreign investor to India with a strong representation of global brands like Samsung, LG, Hyundai, and KIA dominating the electronic appliances and automobile sector, South Korea has now a presence of about 750 companies in India.
And the number is all set to grow.
According to the Department of Commerce of India, Korea is the ninth-largest trading partner of India. On the Korean side, India is the 7th largest trading partner.
Korea’s apex industry promotion organization Korea Chamber of Commerce and Industry (KOCHAM) in India disclosed this during a webinar “Emerging Role of South Korea in Inclusive Growth of India – Saving Lives and Livelihood” organized by Asian Community News (ACN) Network in association with Jeevitam. Read more...
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