India-Korea Aim to Double Trade to $54B by 2030

India and Korea target doubling bilateral trade to USD 54 billion by 2030, requiring 18% annual growth.
16 MoUs signed at Business Forum, including landmark Industrial Cooperation Committee with four working groups.
Leaders discussed Korea-specific industrial enclave in India with plug-and-play infrastructure to boost investments.
Both nations agreed to fast-track upgrade of Comprehensive Economic Partnership Agreement (CEPA) to address barriers.