Jeonnam Province and New Delhi, India Sign Export Agreement for Agricultural and Food Products

$2.18 Million Scale

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Jeonnam Province (Governor Kim Young-rok) announced on the 14th that it recently dispatched a market development delegation (led by Ambassador Park Ho, International Relations) to New Delhi and Chennai, India, and signed export agreements worth $2.18 million.

The market development delegation included a total of 8 companies: 2 food companies, 2 beauty companies, and 4 medical device and industrial product companies based in Jeonnam. They held more than 10 one-on-one export consultations each in New Delhi and Chennai, India.

The companies that signed agreements this time are ㈜Itda (CEO Jo Jin-han), ㈜Marine Techno (CEO Hwang Jae-ho), Kyunghyang Cell Co., Ltd. (CEO Jung Sung-hoon), ㈜Low Carbon (CEO Lee Cheol), and YG Cosmetic Co., Ltd. (CEO Lee Jin-seop), totaling 5 companies.

By company, ㈜Itda signed an agreement for $1.65 million worth of smoked duck, ㈜Marine Techno for $130,000 worth of cosmetics, and Kyunghyang Cell Co., Ltd. for $400,000 worth of rubber insulation materials. ㈜Low Carbon and YG Cosmetic Co., Ltd. also signed agreements for desulfurization catalysts and mask packs respectively, but specific details will be discussed later.

In addition, ㈜SF-C presented non-ionic surfactants, ㈜KS medical devices and reagents, and ㈜Gomamiji fresh agricultural products such as strawberries and lotus roots to explore the possibility of entering the Indian market.

Park Ho, Jeonnam Province International Relations Ambassador, said, “This market development delegation selected participating companies focusing on items recently popular in the Indian market. We will support companies that signed export contracts to proceed with actual exports as soon as possible, and cooperate with the local KOTRA (Korea Trade-Investment Promotion Agency) to ensure that companies with expected consultation results also conclude export contracts.”

This content was produced with the assistance of AI translation services.