India-South Korea

As one of the fastest growing and most culturally dynamic music ecosystems in the world, India felt like the natural next step in the global expansion of HYBE, which is home to popular K-pop artist group BTS, says its India CEO Damien Woochang Lee. Apart from BTS, the entertainment giant also has internationally popular groups such as Seventeen, Tomorrow X Together, Enhypen and Le Sserafim on its roaster and is now looking to find musical talent from beyond Korean shores. The company has expanded its presence across Japan, the United States, China and Mexico. Lee, whose favourite independent Indian artists are Hanumankind, Rebel, and Guru Randhawa, Diljit Dosanjh and Karan Aujla, said HYBE's decision to establish a branch in India is rooted in their philosophy that the future of the global music industry will be shaped by diverse creative markets around the world. "India is one of the world's fastest-growing and most culturally dynamic music ecosystems, making it a natural next ste

EAM Jaishankar said the world cannot rely on a few countries to uphold global rules, calling for resilient supply chains, stronger cooperation and greater representation for the Global South

External Affairs Minister S Jaishankar on Wednesday held talks with his South Korean counterpart Cho Hyun, focusing on bilateral cooperation and the rapidly changing global situation, the leaders said. Jaishankar is currently in South Korea on a two-day visit - the second leg of an ongoing foreign tour - after having visited Mongolia. "It is a great pleasure to be back in Seoul and to meet you and your team today for our discussions," Jaishankar said in his opening remarks, noting that the meeting was timely, given the state of the world and the importance of the bilateral relationship. The talks focused on follow-up measures in the key areas of trade, investment and finance, agreed during South Korean President Lee Jae-myung's state visit to India in April. Jaishankar emphasised that as foreign ministers, it was their responsibility to take the relationship forward and build a more forward-looking, contemporary partnership. "The potential of our relationship remains to be realise

India's Fairwood Nuclear Pvt Ltd and South Korea's SK Securities Co Ltd have signed a strategic collaboration agreement to support the development and financing of small modular reactors (SMRs) and micro modular reactors (MMRs) in India, the companies said on Wednesday. The agreement aims to accelerate the commercial and technical development of advanced nuclear projects in India, as interest grows in low-carbon and energy-secure power generation technologies. Under the pact, the companies will work together on project development, industry engagement, investor outreach and fundraising initiatives. The partnership is expected to leverage SK Securities' network across the nuclear, infrastructure and financial sectors in South Korea and international markets to support future projects in India. "The agreement creates a strategic relationship focused on accelerating project development, strengthening international industry engagement and facilitating access to capital markets and nucle

Samsung Electronics and SK Hynix, newly minted members of the $1 trillion valuation club, have powered Korea's equity surge, lifting the Kospi's 2026 gains to more than 100% through AI memory chips

India and South Korea have expanded CEPA upgrade talks by forming new groups on digital trade, supply chains and strategic industries to address trade imbalances and deepen economic ties

The two countries signed agreements on cyber defence, military training and UN peacekeeping cooperation during Rajnath Singh's visit to Seoul

Defence Minister said his discussions during the visit would focus on expanding defence ties and enhancing regional cooperation

India and South Korea are expected to hold negotiations on May 25 regarding the review of the comprehensive economic partnership agreement (CEPA), which was implemented in January 2010, an official said. The deliberations are important as India has suggested Korea to consider negotiating a fresh bilateral trade agreement to make it more contemporary and address concerns of the trade deficit. "The officials of the two countries are meeting on May 25 for the FTA review," the official said. Last month, in a bilateral meeting here, Commerce and Industry Minister Piyush Goyal made the suggestion to negotiate a fresh FTA to his Korean counterpart Yeo Han-koo. The minister, on multiple occasions, flagged India's concerns over the widening trade deficit between the two countries. India's exports to Korea declined 9.3 per cent to USD 5.81 billion in 2024-25 from USD 6.41 billion in 2023-24. Imports fell marginally by 0.34 per cent to USD 21 billion in 2024-25, leaving a trade deficit of US

India and South Korea aim to conclude FTA renegotiation by mid-2027, focusing on fair trade, localisation, and reducing barriers amid concerns over trade imbalance

New framework with South Korea links shipyard capacity, technology and orders to India's push to reduce reliance on foreign carriers

India pitches ship flagging, seafarer pool and port investments to South Korea, as both sides sign VOYAGES pact and expand cooperation in maritime, energy and climate sectors

Lee Jae-Myung's India visit highlights untapped potential in India-South Korea ties, from semiconductors to shipbuilding, amid a shared push for a stable Indo-Pacific

New Delhi and Seoul agree to deepen strategic cooperation, upgrade CEPA, and boost trade to $50 billion by 2030 amid global uncertainties

Goyal said the two sides have agreed to upgrade the India-Korea Comprehensive Economic Partnership Agreement on a "fast-track, mission mode" basis

South Korean President Lee Jae Myung is in India for a three-day visit, the first South Korean presidential state visit to the country in eight years

Following delegation-level talks, PM Modi and South Korean President Lee witnessed the exchange of several MoUs between India and South Korea, aimed at deepening bilateral cooperation

PM Modi and South Korea's Lee Jae Myung are due to hold a summit on April 20, with talks expected to cover cooperation in areas such as shipbuilding, artificial intelligence and defence

MUMBAI, Feb 6 (Reuters) - South Korean firms Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co are in exploratory talks about entering India's $130 billion insurance market, three Indian sources said.

India and Korea have agreed to explore joint initiatives in electronics and electric vehicle (EV) components, and digital supply chains, the commerce ministry said on Friday. It was discussed between the Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo. "In discussions...the focus areas included collaboration in manufacturing, digital technologies and clean technologies. The two sides agreed to explore joint initiatives in electronics, EV components, and trusted digital supply chains," it said. He also held bilateral meetings with ministers from Japan, South Africa, the Netherlands and discussed ways to boost trade and investments. The meeting was held on the sidelines of the G20 Trade and Investment Ministers' Meeting (TIMM) in Gqeberha, South Africa. In the discussions on the WTO (World Trade Organisation), Prasada called for the restoration of a fully functional, two-tier dispute settlement system with an operational appellate ...