GSIF and Seoul Metropolitan City signed an MoU to promote business relations between India and Korea
GSIF also announced opening of incubation centres in India and Internationally
New Delhi, 7 October 2016: Global Social India Foundation has announced the conclusion of Tomorrow’s India Global Summit in Seoul. The four-day summit saw participation from over 150 delegates including industry leaders, business experts and students from across the globe. The highlight of the summit was the announcement of a MoU signed between GSIF and Seoul Metropolitan City to promote business and trade relations between India and Korea.
At Incheon, the grand event was inaugurated by His Excellency Vikram Doraiswami, Indian Ambassador to Republic of Korea, Mr. HP Singh, Managing Director & Founder of Tomorrow’s India Global Summit, Mr. Yoo, Jeong-bok, Mayor of Incheon Metropolitan City and Mr. Lee, Kang-shin, Chairman of Incheon Chamber of Commerce & Industry.
At Seoul, Mr Dong-rok Suh, Deputy Mayor of Economic Planning, Seoul Metropolitan Government was present for the inauguration along with His Excellency Vikram Doraiswami, Indian Ambassador to Republic of Korea and Mr HP Singh, Managing Director & Founder of Tomorrow’s India Global Summit.
“I would like to take this opportunity to thank Seoul Metropolitan City for signing the MoU with us. It is a part of our ethos to showcase India to the world and this effort is a part of the same endeavour. I am sure this partnership will help forge new and impactful business relations between the two nations.” said Mr. H.P Singh, M.D & Founder Tomorrow’s India Global Summit.
Mr Suh, Dong-rok, Deputy Mayor of Economic Planning, Seoul Metropolitan Government, said “This event, where many Indian leading enterprisers attend, will be a breakthrough in promoting India’s competent businesses to enter into Seoul and many corporations based in Seoul to enter into India, and Seoul city will take swift follow-up measures to vitalize enterprises exchange and investment inducement between the two countries.”
The event which had a focused initiative to offer expansion and investment opportunities to Indian start-ups, MSMEs & corporate businesses saw Bangalore based Uber Diagnostics raise Rs. 1.5 crore in funding from global investors. The summit was filled with power packed panel discussions, speakers and presentations from the Seoul Metropolitan City, Incheon Metropolitan Government, Gyeonggi Provincial Government and Surat Municipal Corporation. There were company showcases by Indian & Korean companies and industry specific business & government meetings in addition to the university visits for Indian students attending the summit. There were also international showcases by various countries such as South Africa, Federal Democratic Republic of Ethiopia and Republic of Indonesia.
“I would also like to thank Uber diagnostics on receiving the funding. We are excited to be a part of this journey, which is why have announced that we will be opening up incubation centres for startups in India and internationally. I would also like to thank all our Indian and International delegates who came to attend the summit. It was amazing to see participants coming from various parts of the globe such as India, Korea, Ethiopia, Finland, Singapore, South Africa, Indonesia, Taiwan and Zimbabwe. I look forward to the next edition of the summit in Dubai” adds Mr. Singh.
Eminent speakers at the summit included Pramod Saxena, Chairman & Managing Director, Oxigen Services India; Arun George, Founder & CEO, Avant Garde Innovations and the Focal Point Kerala Chapter for the UN Global Compact Network India; Padmaja Ruparel, President, Indian Angels Network; Shailesh K. Pathak, Executive Director, Bhartiya Group; Prakash PK Menon, Global Partner, Thought Leaders Global; Devita Saraf, CEO & Design Head, Vu Technologies, Jongbaek Park, Partner, Bae Kim & Lee LLC and Samuel Hyun, Director & Head – Global Planning, SK Planet (SK Telecom Group).
Indian companies such as Tata Projects Limited, Kama Ayurveda, Avant Garde Innovations, Oxigen Services India Private Limited and Su-Kam Power Systems Limited were also felicitated during the four-day summit. As a part of its initiative IIT Alumni, Korea also launched an e-book on Digital India and Smart Cities. A melodious cultural performance by Oorja at the Floating Island (Some Sevit) was also organized. Delegates also got the opportunity to visit Songdo Smart City Development at Incheon Free Economic Zone, Creative & Innovation Centre at Zero City, Pangyo being developed on the lines of Silicon Valley, Suwon, N-Tower, Gyeongbok Palace, Itaewon Market and the Myeong-Dong Market.
ABOUT TOMORROW’S INDIA
Tomorrows India is a global initiative showcasing India’s entrepreneurial strength and academic excellence within a cultural framework. The program aims to bring an integrated approach, focused on developing international inter-country collaborations in the fields of business, culture, and education. It’s a vision to create immense opportunities with economies around the world and identify emerging trends within India for the participating countries. Ultimately, Tomorrow’s India is the premier gateway to and for India through the exchange of knowledge and culture - a gateway that builds bridges across nations.
The program was launched by Global Social India Foundation (GSIF) on January 24, 2016 in Singapore and brought together experts from diverse sectors of the industry, registered group of entrepreneurs, head honchos and corporate gurus, turning successful in showcasing India's might - globally.