By Tricitynews Reporter
Chandigarh 27th December:- Jagdip Singh, Chairman, Sigma Group of Companies , leading manufacturer and exporter of automotive parts from the country, has been appointed as the Honorary Consul General of the Republic of Korea (south Korea ).
The appointment was officially announced in the presence of the Korean Ambassador to India, H.E. Cho Hyun , Honourable Governor of Punjab V B Singh Badnore and other dignitaries.
H.E.Cho Hyun the Korean Ambassador to India said that as an Honorary Consul, Jagdip Singh will work towards further strengthening the collaboration between the two nations; promoting culture, industry & commerce, facilitating investments, educational exchange and enhancing goodwill. The office of the Honorary Consul will also provide limited consular assistance in the states of Punjab, Haryana, Himachal Pradesh and Chandigarh and support the Korean citizens within these states.
H.E.Cho Hyun further said that Republic of Korea has been one of the major and the oldest economic partners of India, by being among the first few countries to invest in the Indian economy post its economic liberalization in the early 1990s. Appointment of Jagdip Singh as Consul General will help towards further strengthening the collaboration between the two nations; promoting culture, industry and commerce, facilitating investments, educational exchange and enhancing goodwill..
Korean ambassador said that Korea's investment in India also recorded a remarkable increase, with more than 4 billion dollars of FDI being invested. As a result, more than 450 Korean companies are currently operating in India and an increasing number of their products are becoming familiar household for Indians. Korean companies are also actively involved in numerous infrastructure projects in India such as highways, subways, and major construction works in power sectors.” Said ambassador
Cho Hyun said that the appointment of Jagdip Singh as Hon Consul general will allow us to expand and deepen our engagement and activities in the states of Punjab, Haryana, Himachal and Union territory Chandigarh. It is our fortune that Jagdip singh is and remains deeply invested to the issues at the core of our bilateral relationships.
Jagdip Singh said that Korea is India's most important trading partner in Asia and our countries share a strategic partnership, I value my deep professional and cultural bond with Korea and look forward to further strengthening our ties in the areas of business, education and culture in the prosperous states assigned to me," said beaming newly appointed Hon. Consul General.