Economy Electronics India Investment Samsung South Korea
India is stepping up its efforts to draw greater foreign direct investment from South Korea, with Prime Minister Narendra Modi’s meeting with visiting South Korean President Lee Jae Myung on April 20 serving as the latest signal of that intent. The summit in New Delhi went beyond diplomatic formality. It was a structured attempt to position India as a preferred investment base for Korean conglomerates at a time when global supply chains are being reorganised, according to multiple reports. South Korea is already a significant investor in India, ranking among its 13th to 15th largest sources of FDI. Between April…
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