Startup-ups like’Krafton’ will be eager to invest in India: South Korean Ambassador

Not only big companies such as Samsung, LG and Kia, but some newly-born South Korean start-ups like PUBG maker ‘Krafton’ will be eager to invest in India and cooperate with Indian companies, Ambassador of South Korea to India Chang Jae-bok said on Thursday.

The Ambassador, who was in Begaluru, led a high-level delegation to meet Karnataka Chief Minister Basavaraj Bommai in the presence of Industries Minister Murugesh R Nirani, and also addressed the “Korea-Karnataka Economic Cooperation Forum” summit and inaugurated Korea Fair in Bengaluru 2022 here.

Karnataka already has 40 Korean companies operating here, the Embassy of the Republic of

Korea said in a release. Jae-bok indicated expansion of the investment plans by the already India-based Korean companies as well as many start-ups looking forward to entering India.

“In this process of bilateral economic cooperation, it is reasonable for Korean companies to continue and increase their investments in India. I believe that not only big companies such as Samsung, LG, Kia but also some newly-born Korean start-ups, like Krafton, will be eager to invest in India and cooperate with Indian companies...(Read more)

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