50 billion dollar trade between India and South Korea by 2030
India and South Korea have signed multiple agreements to increase economic ties between both countries. South Korea is one of the prominent strategic partners of India. As of 2025, India and South Korea have a trade deal worth 26.89 billion dollars.
South Korean President Lee Jae Myung is on a visit to India to enrich economic trade with India. It is a strategic success for both countries.
India and South Korea have signed multiple agreements during the visit. It includes tech, culture, defense, maritime and agreements which would help trade to be effective and efficient.
list of the trade deals that happened between India and South Korea.
*The Industrial Cooperation Committee and the financial forum between both countries to have trade settlements and smooth transactions for the trade process.
*Digital Tech support with AI, semiconductors and adequate
Supply chain management systems.
* Korean Industrial townships in India to be established to increase the Korean presence in India.
* Maritime and Defense sectors to gain momentum to create ship building, climate, artillery systems and technology for the latest additions to defense equipment. South Korea also joined the International Solar Alliance and Indian Pacific Oceans Initiatives.
* Cultural exchange of Indian cinemas in South Korea and PM modi said that K-pop and K drama have got a large amount of popularity in India. South Korea to get Korean Center in Mumbai and Bollywood can collaborate with that center. It is diversified agreements, which will enhance the growth of economic trade and friendship between both India and South Korea.
