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The India-Korea Policy Dialogue, jointly organised by ISID and the Korea Institute for Industrial Economics and Trade (KIET), took place on December 19, 2024 at the ISID premises. The event focused on advancing economic cooperation between India and Korea.
The Inaugural Session began with opening remarks by Prof Nagesh Kumar, Director ISID, and Dr Namhoon Kwon, President of KIET. India’s Ambassador to Korea, H.E. Mr Amit Kumar, addressed the gathering via video, while Korea’s Ambassador to India, H.E. Mr Lee Sungho, delivered the inaugural address. A significant outcome of the Dialogue was the signing of a Memorandum of Understanding (MoU) between ISID and KIET to initiate joint studies aimed at fostering bilateral economic collaboration. The Inaugural session was followed by Session 1 focused on FDI, Trade and Supply Chain Diversification, chaired by Prof Nagesh Kumar, had presentations by Dr Reji Joseph and Dr Ramaa Arun Kumar of ISID; Dr Danish Hashim, Head of FDI and GVCs at CII; Dr Byungyul Park of KIET; and Dr Choogjae Cho, Director, KIEP Delhi office. Session 2 Focused on Green Industrialization was chaired by Dr Namhoon Kwon. President of KIET and had presentations and discussions by Mr Ajay Shankar, Member ISID Board; Dr Dongsu Kim and Dr Donghee Lee of KIET. Session 3 focused on India-Korea Cooperation in Deepening Electronics Value Chain and Digital Industrialization chaired by Mr Ajay Shankar and had presentations by Mr Alkesh Sharma, former Secretary MEITY, Govt of India, Mr Rajiv Agarwal, Vice-President, Samsung India and Dr Soodong Kim of KIET. The Roundtable was concluded with closing remarks by Dr Namhoon Kwon and Prof Nagesh Kumar. Preceding the main event, on December 18, 2024, a roundtable discussion was held between ISID faculty members and the KIET delegation to identify potential areas for research partnerships. An industry visit was organised by ISID to the R&D facility of Sun Pharmaceuticals in Gurugram, Haryana, offering insights into innovative practices and fostering knowledge exchange. The policy dialogue was coordinated by Dr Reji Joseph, Associate Professor at ISID. Click for the YouTube links to Inaugural, Session I, Session II, & Session III. |
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