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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 [...]

Kia Ranks 1st in Customer Experience among Automotive Brands in India

Kia Ranks 1st in Customer Experience among Automotive Brands in India

SEOUL, Sept. 10 (Korea Bizwire) — Kia Corp. has ranked first among automotive brands operating in India in terms of overall customer experience, the South Korean company said Tuesday, citing local industry data. According to Kia, the company ranked first, with a score of 45.84 percent, in the overall customer experience index survey conducted by [...]

Hyundai Motor Chief Vows to Foster India as Automaker’s Global Export Hub

Hyundai Motor Chief Vows to Foster India as Automaker’s Global Export Hub

SEOUL, Apr. 25 (Korea Bizwire) — The chief of Hyundai Motor Group recently visited India and laid out a vision to bolster its operations there to utilize the country as a key export hub for the South Korean automaker, the group said Thursday. Euisun Chung, Hyundai Motor Group’s executive chair, visited the group’s Indian headquarters [...]

Hyundai Motor, Kia’s Car Production in India Reaches Record 1.08 Mln Units in 2023

Hyundai Motor, Kia’s Car Production in India Reaches Record 1.08 Mln Units in 2023

SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Motor Group’s output at its car manufacturing plants in India has reached a record 1.08 million units last year, surpassing the 1 million unit milestone for the second year in a row, industry data showed Thursday. According to data from the Korea Automobile Manufacturers Association, Hyundai produced 765,000 [...]

Hyundai’s 25th Anniversary in India Marks Record-Breaking Sales and Paves the Way for EV Expansion

Hyundai’s 25th Anniversary in India Marks Record-Breaking Sales and Paves the Way for EV Expansion

SEOUL, Dec. 14 (Korea Bizwire) – Celebrating its 25th year of local production in India, Hyundai Motor is poised to achieve record-breaking sales in the Indian passenger car market this year. Analysts predict that if the company maintains its current monthly sales trend, it will surpass the 600,000-unit annual passenger vehicle sales mark for the first [...]