Nirmala Sitharaman and Piyush Goyal Hold Talks with Korean Leadership to Boost Bilateral Cooperation

New Delhi, April 21, 2026: Union Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal held high level meetings with senior Korean leaders to advance future collaboration between India and South Korea.

The discussions focused on expanding economic engagement, strengthening investment flows and identifying new areas of cooperation in sectors such as technology, manufacturing and infrastructure.

Both sides reviewed the progress of existing partnerships and explored opportunities to deepen strategic economic ties in emerging industries.Officials emphasised the importance of enhancing bilateral trade and building more resilient supply chains amid global economic uncertainties.

The meetings also highlighted the growing role of Korean companies in India’s industrial and technological development.Key focus areas included advanced manufacturing, digital innovation and infrastructure development, where both nations see strong potential for collaboration.

Discussions also centred on improving ease of doing business and facilitating smoother investment mechanisms.

Both ministers underlined India’s policy initiatives aimed at attracting global investors and supporting long term industrial growth.The Korean delegation expressed interest in expanding its presence in India’s manufacturing and technology sectors.

The talks reflected a shared commitment to strengthening the India South Korea comprehensive economic partnership.Both sides agreed on the importance of sustained dialogue at government and industry levels to maintain momentum.

Cooperation in global supply chains was also discussed, especially in the context of recent geopolitical shifts.

Officials noted that closer coordination could help improve economic stability and diversification for both countries.The engagement forms part of ongoing efforts to elevate India’s strategic and economic partnerships in the Indo Pacific region.

Both countries reiterated their commitment to building a forward looking and mutually beneficial relationship.The discussions are expected to pave the way for future agreements and joint initiatives in key sectors.

With this engagement, India and South Korea continue to strengthen their long standing partnership into new areas of growth and innovation.