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.