Search Result for : Korean Companies

Aamir H Kaki   Since the time India has thrown open her doors to foreign investors and investments, countries all over the world are vying to show India that they possess much superior quality products that can give the Chinese a run for their money. South Korea is one such country that is making its presence felt. Who in India hasnt heard of Hyundai, Samsung and LG? They are silently and steadily making inroads into the Indian psyche.   The Dollar Business had an opportunity to talk to a group of South Korean business persons representing varied sectors and exhibiting their products at the India International Trade Fair (IITF), Pragathi Maidan, New Delhi.   South Korea this year is the ‘Partner Country’ of the 36th edition of ...

Sharath Chowdary The Telangana government is ready to offer land parcels for various Korean companies to set up their base in the state. The government will work on creating an investment cluster to cater to the basic needs of Korean companies investing in the state, Telangana Industries Principal Secretary Arvind Kumar told The Dollar Business. He was speaking to the media while taking part in the Korean Caravan 2016 in Hyderabad on Wednesday. The Caravan was organised by the Confederation of Indian Industry (CII) in association with the Embassy of the Republic of Korea. Arvind Kumar said, “Last month, Telangana Chief Secretary Rajeev Sharma had proposed to develop an exclusive industrial park for Korean companies, during a meeting with the Union government in New ...

The Dollar Business Bureau The future for Korean companies is not in Korea, it is in India, both for manufacturing for the domestic market and export. This was stated by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP), at a business meeting on ‘Make in India: Contribution of Korean Companies’ held on Friday. The event was jointly organized by the Federation of Indian Chambers of Commerce and Industry (FICCI), Korea International Trade Association (KITA) and the Korean Chamber of Commerce India (Kocham India). The DIPP Secretary urged the Korean companies to invest, set up their manufacturing and research and development (R&D) bases in India. He expressed hope that India will achieve a double-digit growth in the coming ...

The Dollar Business Bureau The Ministry of Defence, on Thursday, expressed the Government of India (GoI)’s willingness to provide technology support to its armed forces in a move towards a process of modernization. A statement in this regard was made by Manohar Parrikar, Union Defence Minister, GoI, in his address at the Annual Unified Commanders’ Conference for Tri-Services Commanders, in New Delhi on Thursday. “The Government of India is committed to provide all support towards the modernization of Armed forces,” he said, according to an official release. Addressing the conference, the Union Minister further said there is a need to exercise financial prudence and also stressed on the need for optimization of all the available resources. Stating that the ...