The India-Republic of Korea partnership has evolved over the years and our bilateral ties are strengthening due to growing convergence on strategic, trade and investments outlook. Republic of Korea is the 13th largest investor in India with cumulative FDI worth US$ 4.9 billion until March 2021, representing a growth of 8.9% during 2020-21. In 2020-21, bilateral trade between two countries was US$ 15.4 billion. Gujarat’s total exports of commodities to Republic of Korea stood at US$ 922.69 million in FY21.
The Government of Gujarat seeks to enhance trade and investment relations with Republic of Korea across sectors including food processing, automobiles, steel, semi-conductors, electronics, engineering & machinery, startups, education, healthcare, and pharmaceuticals for cooperation and mutual benefits. The objective of this virtual delegation is to interact with companies, chambers, trade associations and organizations in South Korea that are looking to invest or operate in India / Gujarat and provide them information about the opportunities available in Gujarat as well as offer them support on behalf of the State Government.
We invite you to participate at the virtual delegation with the business counterparts to promote mutually beneficial partnership opportunities.
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