Resetting India-South Korea Ties for the Tech Era

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The recent visit of South Korean President Lee Jae Myung to India marks a strategic reset in bilateral ties, moving beyond traditional sectors like steel and automobiles toward high-tech collaboration. Both nations have pledged to double bilateral trade to $54 billion by 2030. While the 2010 CEPA agreement successfully doubled trade, it resulted in a widening trade deficit for India, which tripled over 15 years as India became a downstream manufacturer reliant on Korean upstream technology. The new “digital bridge” strategy focuses on semiconductors, AI, and battery supply chains. This partnership aims to combine India’s massive market scale and digital infrastructure with South Korea’s manufacturing discipline and export sophistication to create a resilient, trusted technology ecosystem.

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