BARCELONA, Spain, Feb. 25 (Korea Bizwire) — Mobile World Congress – With mobile data consumption surpassing usage of the U.S. and China in 20171, mobile service providers in India are working to enhance their network infrastructure to manage and support the growth surge and ensure quality of customer experience. Bharti Airtel (Airtel), India’s largest telecommunications services [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s logistics firm CJ Logistics Corp. said Sunday it plans to tap deeper into the Indian market through CJ Darcl acquired earlier this year. The logistics unit of South Korean food and entertainment conglomerate CJ Group signed a deal to buy a 50 percent stake in Indian firm [...]
SEOUL, Nov. 27 (Korea Bizwire) – Members of the Ssangyong Motor chapter of the Korean Metal Workers’ Union want to resolve therir dispute with their employer and are willing to head to India for a face-to-face with the top leadership of Mahindra and Mahindra, the Indian auto corporation that owns a majority stake in Ssangyong. [...]
SEOUL, June 5 (Korea Bizwire) – Samsung Electronics Co. is set to make 700 billion won (US$623 million) worth of investment in India to expand the production of smartphones in the large South Asian country, industry sources said Sunday. According to governmental and industry sources in India, Samsung is planning to expand its existing 120,000-square-meter production line in Noida, Uttar Pradesh, in the northern part of the country, to 240,000 square meters. If the expansion is completed, the factory will [...]
SEOUL, May 18 (Korea Bizwire) – Chinese tech companies are gradually expanding sales in India, industry data showed Thursday, and starting to threaten Samsung Electronics Co., which is currently the leading player in the subcontinent. According to the industry tracker Strategy Analytics, China-based Vivo sold 1.9 million handsets in the first quarter in India, accounting [...]
SEOUL, April 26 (Korea Bizwire) – CJ Logistics Corp., a unit of South Korean food and entertainment conglomerate CJ Group, said Wednesday it has acquired two logistics companies based in India and the United Arab Emirates (UAE) as part of efforts to tap deeper into overseas markets. The Korean company has signed a deal to [...]
SEOUL, April 26 (Korea Bizwire) – South Korea is not likely to regain its status as the world’s fifth-largest automaker, as India has been increasing the production of vehicles at a rapid pace, an industry report said Wednesday. South Korea was the fifth-largest producer for 11 years from 2005 until 2015 before slipping to the [...]
SEOUL, March 23 (Korea Bizwire) – Stock funds in emerging financial markets have become a newfound investment destination among South Koreans this year, with promising returns, said local market researcher KG Zeroin. According to data compiled by the firm, of overseas stock funds with a minimum of 1 billion won ($892,618) in assets and a [...]
SEOUL, March 21 (Korea Bizwire) – South Korea should enhance cooperation with India, a state think tank said Tuesday, amid Chinese retaliation against Seoul over the planned deployment of a U.S. missile defense system. India has already became the world’s seventh-largest economy and is on track to become No. 5 by 2020, according to South [...]
SEOUL, March 14 (Korea Bizwire) – LG Electronics has set a new Guinness World Record for the longest line of sticky notes, showing its support for India’s armed forces. An astounding 114,741 handwritten messages from customers in support of Indian Armed Forces snaked across the floor of a gymnasium located in Greater Noida, just outside New [...]