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India, South Korea aim to more than double trade to $50 billion

Reuters  |  NEW DELHI 

By Manoj KumarNEW DELHI (Reuters) - India and South Korea signed 11 agreements on Tuesday to expand business ties and more than double mutual trade to $50 billion by 2030, a day after the premiers of the two countries launched a Samsung mobile phone factory near Delhi.Major South Korean companies including Samsung and Hyundai Motor Co are household names across India, one of the world's fastest growing markets, and visiting South Korean President Moon Jae-in said he hoped that smaller companies from his country could replicate that success."Going forward I hope that more Korean companies will ...

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First Published: Tue, July 10 2018. 18:48 IST
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