Korea eager to invest in India
Hotline: 1800 102 2007
Search Business Opportunities

Korea eager to invest in India

Korea is keen to invest in India provided it improves its physical infrastructure

Korean trade minister, Kim Jong-Hoon called on the Korean companies to invest in the Indian Micro, Small and Medium Enterprise (MSME) sector while requesting  lowering of entry barriers for Korean companies willing to invest in India to facilitate investment by Korean companies.

The minister stated this while addressing the Business Session on "India – South Korea: Building Strategic Relationship", organised by the Confederation of Indian Industry (CII), in New Delhi on Thursday.

Kim Jong-Hoon, who is on a visit to India to review implementation and expanding the India – Korea CEPA, said that the bilateral trade between India and Korea increased by more than 44 percent to about $17 billion, during last one year, since the implementation of CEPA.

Kim further said, Korea is strong in manufacturing, while India has a robust services sector, which provides complementarities for deeper cooperation. While expressing his commitment for facilitating work visa for Indian professionals, he called for greater movement of Indian IT professionals into South Korea.

Jung Soo Shin, Leader of Korean Business Delegation and CEO, Southwest Asia, Samsung Electronics, expressed keen interest of Korean companies to invest in India and Indian markets. He however, added that India must improve its physical infrastructure to become an attractive investment destination.

Related opportunities
  • Beauty & Health Sub
    About Us:                  ..
    Locations looking for expansion Madhya pradesh
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size
    Space required 200
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Indore Madhya pradesh
  • Quick Service Restaurants
    About Us:Pizzitalia started its business in 2016 with the core..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 250 - 500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • Casual dine Restaurants
    About Us  Inspired by the Indian Culture , Masala country an..
    Locations looking for expansion New Delhi
    Establishment year 2005
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • Partner with Siyaram Silk Mills Ltd - one of the..
    Locations looking for expansion Maharashtra
    Establishment year 1978
    Franchising Launch Date 2006
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts