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HD Hyundai, India Discuss Partnership to Boost Shipbuilding Cooperation

HD Hyundai, India Discuss Partnership to Boost Shipbuilding Cooperation

SEOUL, Nov. 13 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding conglomerate, said Thursday its chairman held talks with a state minister of India to discuss ways to expand cooperation in the shipbuilding and maritime industries. HD Hyundai Chairman Chung Ki-sun met with Hardeep Singh Puri, India’s minister for petroleum and natural gas, in [...]

India Seeks Deeper Shipbuilding Ties With South Korea to Achieve Global Top-Five Goal

India Seeks Deeper Shipbuilding Ties With South Korea to Achieve Global Top-Five Goal

SEOUL, Oct. 6 (Korea Bizwire) – India is seeking deeper cooperation with South Korea in the shipbuilding sector as it strives to become one of the world’s top five shipbuilding nations by 2047, India’s secretary for shipping has said, highlighting the need to combine Seoul’s advanced technology with New Delhi’s abundant manpower. Shri T. K. [...]

LG Electronics’ Indian Arm Posts Record Earnings In H1

LG Electronics’ Indian Arm Posts Record Earnings In H1

SEOUL, Aug. 14 (Korea Bizwire) – South Korean tech giant LG Electronics Inc. said Thursday its Indian arm posted record first-half earnings this year, reflecting the firm’s commitment to expanding its presence in emerging markets. The company’s business report showed the Indian subsidiary recorded sales of 2.2 trillion won (US$1.65 billion) in the January-June period, [...]

Samsung and LG See Strong Growth in India’s 1.4 Billion-Strong Market

Samsung and LG See Strong Growth in India’s 1.4 Billion-Strong Market

SEOUL, March 3 (Korea Bizwire) — South Korean electronics giants Samsung and LG are reporting sustained growth in India, as both companies intensify their focus on the country’s vast domestic market potential and skilled workforce. According to Samsung Electronics’ latest audit report, its Indian subsidiary recorded sales of 17.05 trillion won and net profit of 1.41 [...]

South Korean Giants Bet Big on India’s Growing Consumer Market

South Korean Giants Bet Big on India’s Growing Consumer Market

SEOUL, Dec. 9 (Korea Bizwire) – In a significant pivot toward the world’s most populous nation, South Korean corporate powerhouses are intensifying their focus on India, seeing it as both an antidote to their China-dependent supply chains and a promising frontier for growth.  Companies like Samsung Electronics, LG Electronics, and Hyundai Motor are expanding their footprint [...]

Seoul Expands AI Collaboration with India’s Premier Institution

Seoul Expands AI Collaboration with India’s Premier Institution

SEOUL, Dec. 9 (Korea Bizwire) – The Seoul Metropolitan Government has announced a strategic partnership with India’s prestigious Indian Institute of Technology (IIT) Delhi to strengthen cooperation in the artificial intelligence (AI) sector. The agreement, signed on December 6 during a Seoul delegation’s visit to India, aims to advance innovation and collaboration between two global [...]

Busan Art Fair Highlights Global Talent and South Korea-India Collaboration

Busan Art Fair Highlights Global Talent and South Korea-India Collaboration

BUSAN, Dec. 2 (Korea Bizwire) – The Busan International Art Fair (BIAF), an open art market that facilitates direct transactions between artists and collectors, is set to open on December 5 at BEXCO in Busan’s Haeundae district. The K-ART International Exchange Association announced on December 1 that the 2024 edition of BIAF will run for four [...]

Hyundai Motor’s Indian Unit to Make Stock Market Debut This Week after Record IPO

Hyundai Motor’s Indian Unit to Make Stock Market Debut This Week after Record IPO

SEOUL, Oct. 21 (Korea Bizwire) — The Indian subsidiary of South Korean automotive giant Hyundai Motor Co. is set to make its stock market debut this week following a record initial public offering (IPO) in the South Asian nation, according to industry officials Monday. Shares of Hyundai Motor India Ltd. are set to start trading [...]