New Delhi: Prime Minister Narendra Modi today invited South Korean companies to step up their investments under the 'Make in India' programme as he met a group of CEOs in New Delhi.
The CEOs, who are in New Delhi for Indo-Korea Business Summit, called on PM Modi and discussed possibilities of enhancing business cooperation between the two countries.
The Prime Minister appreciated the ethics and professionalism of Korean industry, which had made Korean brands household names in India, a PMO statement said.
He invited Korean companies to enhance their investments in India, and to 'Make in India', which would also imply 'Make for India', the statement said.
The Prime Minister suggested that major Korean companies can plan to invest as a group in a region of India, similar to the pattern they follow in Korea.
The bilateral trade between the two countries is over $17 billion and India is the 15th largest trade partner of Korea.
Korean majors such as Hyundai Motors, Samsung Electronics, and LG have huge presence in India.
The CEOs, who are in New Delhi for Indo-Korea Business Summit, called on PM Modi and discussed possibilities of enhancing business cooperation between the two countries.
The Prime Minister appreciated the ethics and professionalism of Korean industry, which had made Korean brands household names in India, a PMO statement said.
The Prime Minister suggested that major Korean companies can plan to invest as a group in a region of India, similar to the pattern they follow in Korea.
Advertisement
Korean majors such as Hyundai Motors, Samsung Electronics, and LG have huge presence in India.
Advertisement
COMMENTS
Advertisement
PM Modi Hails Defence Giant Lockheed Martin's Make In India, Make For World Drive BJP Accuses Congress Of Inciting Violence Against PM Modi With 'Maut' And 'Hinsa' Remarks At 100 Million, PM Modi Is Most-Followed World Leader On X Today Bangladesh Imposes Curfew, Deploys Military As 105 Die In Protests "Jindal Group Executive Showed Porn, Groped Me On Flight": Woman To NDTV Over 300 Indian Students Return Home As 105 Bangladeshis Killed In Protests Joe Biden Is The Best Person To Take On Trump, Says His Campaign Wife Among Two Jailed For Life For Man's Murder In Gurugram: Cops 1,100 Flights Cancelled In US As Microsoft Outage Disrupts Operations Track Latest News Live on NDTV.com and get news updates from India and around the world.