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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 [...]

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 [...]