The Korea Times
The leaders of Korea’s top conglomerates will likely visit India and Vietnam later this month as they seek business opportunities to hedge against uncertainties stemming from the Middle East crisis and rising protectionist policies. According to industry officials Monday, the Federation of Korean Industries (FKI) and the Korea Chamber of Commerce and Industry (KCCI) have formed business delegations to visit India and Vietnam, respectively, later this month. The delegations will be comprised of up to 200 companies each and will participate in business forums with local companies. Samsung Electronics Executive Chairman Lee Jae-yong, Hyundai Motor Group Executive Chair Chung Euisun and LG Group Chairman Koo Kwang-mo are expected to join the delegation to India, given the importance of the market to their businesses. For Samsung Electronics and LG Electronics, India is a critical market for IT devices and home appliances, as it has a population of 1.4 billion and its economy continues to grow. The country is also an important manufacturing base for the two electronics giants. Samsung Electr
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