South Korea is a major global country in East Asia, A leader in many innovation and technology. The highly developed country is the fifth largest source of investment in India and the South Korean Companies such as LG, Samsung and Kia has manufacturing facilities in India, Also the Tata Motors own Daewoo Commercial Vehicles section in South Korea.
Samsung electronics in India has opened largest mobile manufacturing facility in Noida in 2018, The South Korean electronics company now manufacturing large portions of its mobile phones in India, offers 20 plus smartphone models in the country.
LG Electronics is another most popular South Korean electronics company in India, offering LCD television, Home Appliances, refrigeration and washing machines in the Indian sub-continent. The company also sell in air conditioners, Mobile,Fridge Freezers, Smartphones and wide range of consumer electronics.
Hyundai Motor Company sells several car models in India and is the second largest auto exporter from India. The company has two manufacturing plants in India and is the second largest automobile manufacturer in India with 16.2% market share.
Kia Motors is second most popular South Korean automotive manufacturer in India after Hyundai, Also the second-largest automobile manufacturer in South Korea. The company entered the Indian automobile market by launching the SUV Kia Seltos from Made for India production facility at Anantpur district of Andhra Pradesh.
Posco is a steel making company from South Korea and one of the largest steel manufacturing company in the world by market value. The POSCO Maharashtra Steel provide a wide range of steel for varieties of industries like Cold Rolled steel and crngo to the automotive brands.
POSCO India has project sites in the Karnataka and Maharashtra states also signed a memorandum of understanding with Odisha.
Industrial Bank of Korea has 1 office in New Delhi and one of three South Korean banks in India including Hana Bank and Kookmin Bank. Foreign banks are operating in India with just offices and few branches, for more info visit – Foreign Banks in India.
Shop CJ is a home shopping channel available on all major digital cable and DTH distributors in India. It is part of the CJ Corporation and jointly owned by Providence Equity Partners, Also has a web-based portal shopcj.com.
Lotte Corporation runs business in India and is the largest confectionery manufacturer in South Korea. Lotte Confectionery is now part of the Korean conglomerate, Lotte Group and a respectable player in the confectionery market in India.
SK Telecom is the largest wireless carrier in South Korea and part of the SK Group, Bharti Airtel partnered with SK Telecom to build advanced telecom network and 5G in India. The SK known to use the latest telecom technologies for 5G Network In India, SK Group has 95 subsidiary companies.
Humax consumer electronics company manufactures products like digital video recorders, set-top boxes and other consumer electronics. The company is a leading digital set-top box manufacturers in the world, with offices and production facilities in India.