♤ India and South Korea launched an initiative ‘Korea Plus’, in June 2016 in India to promote

and facilitate Korean Investments in India.

♤ Major Korean conglomerates such as Samsung, Hyundai Motors and LG have made significant investments into India, estimated at over $3 billion. Indian investments in ROK have already exceeded $2 billion.

♤ Mahindra & Mahindra acquired a majority stake in SsangYong Motors, the country's 4thlargest auto manufacturer, in March 2011, with an investment of about $360 million. Tata Motors acquired Daewoo Commercial Vehicle Company for $102 million in March 2004.