South Korea and Andhra Pradesh sign a MoU to set up a Make in India Centre in Korea Industrial Complex in Andhra Pradesh to set up a Make in India Centre in Korea Industrial Complex in Andhra Pradesh
The Hon’ble Chief Minister of Andhra Pradesh and Jeong Deok-Min, Honorary Consul General to India in Busan, South Korea signed a Memorandum of Understanding to set up a Make in India Centre in the Korea Industrial Complex in Andhra Pradesh.
The government of Andhra Pradesh will give a grant to Make in India Centre Korea every financial year till the period covered as 2021 to be utilized for an annual program of activities in different fields relevant to business which has been agreed with AP and MIC to promote Korean investment in the industrial complex in AP and further the business relations between Korea and India.
The MoU was signed at the Make in India Centre in Korea which is in existence since February 2017. Andhra Pradesh Economic Development Board is thrilled with this relationship being taken to the next level.