In a significant development, Amit Kumar, Ambassador of India to the Republic of Korea, met with Mr. Jae-yul Lee, President & CEO of the Korea International Exhibition Center (KINTEX), in Goyang to discuss the upcoming Korea Industry Expo (KoINDEX 2024). The event, scheduled to be held at Yashobhoomi, New Delhi, from November 21-23, 2024, is set to commemorate the 50th Anniversary Year of the establishment of diplomatic relations between India and the Republic of Korea.
KoINDEX 2024, organized in partnership with the Confederation of Indian Industry (CII) and Invest India, aims to forge stronger B2B linkages between India and Korea across various sectors. The expo will feature key industries such as lifestyle (beauty, food), mobility and smart infrastructure, smart technology, health technology, and entertainment. The event will also host the ‘Korea-India Business Forum,’ jointly organized by CII and the Korea International Trade Association (KITA).
The organizers of KoINDEX 2024 are actively focusing on the Indian market, recognizing its vast potential for growth and collaboration. With a strategic approach, they aim to create strong B2B connections that will benefit both Indian and Korean enterprises. The event is positioned as a crucial platform for Korean businesses, including SMEs, to explore and capitalize on the burgeoning opportunities within India’s dynamic economic landscape.
KINTEX has recently secured 20-year operational rights for Yashobhoomi (India International Convention & Expo Center) in Dwarka, New Delhi. This strategic move signifies KINTEX’s commitment to the Indian market, where they see substantial growth potential. Phil Chung, Chief Executive Officer of KINEXIN-IICC Yashobhoomi Operating Company, is leading efforts to maximize the potential of Yashobhoomi, actively seeking opportunities to collaborate with Indian businesses and stakeholders.
The expo is expected to witness participation from over 200 Korean businesses, including SMEs, showcasing their keen interest in India’s burgeoning business and investment opportunities. The event is not only a platform for fostering economic ties but also a testament to the strengthening partnership between India and Korea.
