Korea to promote economic cooperation with Odisha in multiple sectors, push CSR activities

Korea to promote economic cooperation with Odisha in multiple sectors, push CSR activities


Bhubaneswar, 3rd November 2023: A Korean mission, called Team Korea, comprised of representatives of the Embassy of the Republic of Korea, Korea Trade-Investment Promotion Agency (KOTRA), Korea SMEs and Startups Agency (KOSME), Korea Institute for International Economy Policy (KIEP), KOSMA- Korean Small & Medium Enterprises Association in India, K-SURE- Korea Trade Insurance Corp., and Invest India Korea Plus visited Bhubaneswar, Odisha. Team Korea interacted with Industry department Govt of Odisha.

KOTRA in collaboration with The Embassy of the Republic of Korea, and IPICOLas industry partners, hosted the 2023 Korea-India CSR-Economic Cooperation Seminar in Bhubaneswar, Odisha. Shri Bishnupada Sethi, IAS, Principal Secretary, Social Security and Empowerment of Persons with Disabilities(SSEPD) Department, Government of Odisha, Shri Bhupendra Singh Poonia, IAS, Managing Director, IDCO & IPICOL (Industrial Promotion and Investment Corporation of Odisha Limited), Md Sadique Alam, IAS, Director of Industries, Shri Ligaraj Panda, IAS, Director, IDCS & Social Welfare along with other state government officials were present during the event held today.

The primary objective of this event was to foster mutual economic cooperation between the state of Odisha and Korea. It was a significant milestone as it commemorated the Golden Jubilee, marking 50 years of the bilateral relationship between India and Korea.

The Embassy of the Republic of Korea, along with Team Korea members, plans to share the attractive features of Odisha with Korean companies in India and Korea. “I am confident that all the industries that the Odisha government is focusing on, including IT, renewables, decarbonization, electric vehicles, aviation, and etc. will flourish.” said Mr. Sungjoong CHO, the Commercial Counsellor at the Korean Embassy, in New Delhi.“We look forward to witnessing Odisha become the most developed and dynamic state of India. My delegation will actively promote what we see, hear and feel during our three-day visit.” he added.

In a corporate social responsibility initiative, Team Korea’s partners donated various Korean products, including small blankets, socks, and toothbrushes for kids.

Atomy India, the Indian subsidiary of a Korean company also donated its product for the underprivileged community in Odisha on this occasion.