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South Korean cos head to Delhi as Modi pushes for investment expansion

On Tuesday, Prime Minister Narendra Modi will pitch for greater FDI from the nation at the India-Korea business summit

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Subhayan Chakraborty New Delhi
A massive investment and trade summit with South Korea on Tuesday is expected to bring the who's who of Korean industry to Delhi. India will hard sell itself as the next big investment destination for the East Asian nation.

At the India-Korea business Summit, Prime Minister Narendra Modi is expected to push Korean firms to further expand the $2.55 billion worth of investments that the country has in India, mostly in the automobile and engineering sectors. More than 150 Korean companies from the automotive, heavy industry, food processing and textiles sectors are set to reach Delhi. This will include all

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First Published: Feb 26 2018 | 11:40 PM IST

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