Karnataka invited the Korean delegation to participate in the Karnataka Global Investors Meet and the Bengaluru Tech Summit to be held in November.

July 8, 2022

The Chief Minister of Karnataka had invited the Korean delegation to participate in the Bengaluru Tech Summit and Karnataka Global Investors Meet that are slated to be held in November.
According to Ambassador to India Chang Jae-bok, Korea is keen to further strengthen its economic relations with Karnataka.
Many startups are eager to invest in Karnataka. Already over 40 Korean companies have a presence here.
The Korean Consular office has organised a programme– Korea on the move– in Bengaluru, which is drawing a huge response from the people.”
According to Chief Minister of Karnataka, strengthening of relations between the Republic of Korea, which is a global powerhouse in electronics and automobiles sector, and Karnataka which is a frontline state in technology, would give a boost to the bilateral economy.
India and Karnataka state are emerging as major economies with skilled human resources. India is a hot favourite as an investment destination.
Karnataka is at the forefront among the states attracting about 38 per cent of the total FDI flowing into the country,
Karnataka is the home to the highest number of international R&D centres in the world, it is the global hub of technology-based industries.