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India seeks more South Korean tech and manufacturing investment to balance trade and double ties

Economy
Published on 24 April 2026
India seeks more South Korean tech and manufacturing investment to balance trade and double ties

The trade target is doubled but chips are the real prize

India and South Korea are sharpening their partnership as President Lee Jae-myung visits with an emphasis on trade and technology. South Korean firms have already invested heavily in India, but New Delhi wants deeper commitment in advanced manufacturing, including chips and ships. Both sides aim to double bilateral trade and make the economic relationship more balanced.

  • President Lee’s visit spotlights trade and technology cooperation
  • South Korean investment in India is already substantial
  • India wants more advanced manufacturing like chips and ships
  • Both sides target doubling bilateral trade and balancing ties
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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