Jungjingong Invites Indian Officials to Promote Local Investment and Policy Exchange
Introduction to Key Projects such as SME Policy and Startup Academy
The Small and Medium Business Corporation (Chairman Kang Seok-jin, hereinafter referred to as SBC) announced that it will conduct a policy training program for Indian government officials in Korea over two days starting from the 16th.
This training is a follow-up measure to the policy exchange activation agreement signed in April last year between SBC and Invest India (the agency responsible for foreign investment attraction). The trainees are government officials from Indian ministries such as the Ministry of Commerce and Industry and the Directorate General of Foreign Trade, with a total of 16 participants.
On the first day, the schedule includes visiting the SBC Global Startup Academy to explain the program and introduce resident companies participating in the project. A site tour of startup spaces will also be conducted for benchmarking startup support projects. On the second day, the group will visit D.CAMP, a startup support organization under the Banks Foundation for Young Entrepreneurs. Through a meeting with private investment partners and startups aiming to enter the Indian market, they plan to discuss cooperation measures for local market entry in India.
Manmeet K. Nanda, Director of the Directorate General of Foreign Trade at the Indian Ministry of Commerce and Industry, said, "We hope that Korea’s startup support policies, along with SBC’s global startup support programs, will be transferred to India. We will further strengthen cooperation projects for small and medium enterprises to facilitate the entry of excellent Korean startups into the Indian market."
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Ahn Jeong-gon, Head of the Global Growth Division at SBC, stated, "We hope this training will provide practical assistance in establishing support policies for Indian SMEs and serve as an opportunity to activate cooperation through exchanges between policy officials of both countries. SBC will continue to expand its collaborative network with overseas governments and related organizations through global cooperation foundation projects."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
