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Towards a Robust India-Republic of Korea Economic Partnership

Author

Listed:
  • Nisha Taneja

    (Indian Council for Research on International Economic Relations (ICRIER))

  • Skand Ranjan Tayal

  • Snajana Joshi

  • Vasudha Upreti

  • Nirlipta Rath

Abstract

This policy brief-drawing insights from a one-day dialogue organised by ICRIER and IRKFS-highlights key trends in India-ROK economic engagement, identifies emerging sectors for collaboration such as shipbuilding, semiconductors, fintech, new technologies, and green energy, and offers strategic recommendations for cooperation. To unlock India's significant untapped potential and catalyse a "second wave" of high-tech South Korean investment, the brief proposes targeted measures focused on creating a holistic, transparent and predictable business ecosystem in India, ensuring genuine technology transfer, strengthening strategic engagements in third countries and regions, and revitalising bilateral platforms. By addressing regulatory challenges, fostering innovation, and leveraging shared democratic values, India and the ROK can build a more resilient, balanced, and future-ready strategic economic partnership.

Suggested Citation

  • Nisha Taneja & Skand Ranjan Tayal & Snajana Joshi & Vasudha Upreti & Nirlipta Rath, 2025. "Towards a Robust India-Republic of Korea Economic Partnership," Indian Council for Research on International Economic Relations (ICRIER) Policy Paper 49, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    • Handle: RePEc:bdc:ppaper:49
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