KIC Boosts Korea-India Finance Ties in Mumbai
Financial leaders from South Korea and India who gathered in Mumbai examined the growth potential of the local capital market and discussed practical ways to expand investment cooperation. Korea Investment Corporation, or KIC, said on Oct. 22 that it jointly hosted "Korea-India Finance Night 2026" o
Korea Investment Corporation (KIC) recently hosted the Korea-India Finance Night 2026 in Mumbai, alongside the Consulate General of the Republic of Korea and the 4th Mumbai International Financial Council. The event, attended by approximately 80 key figures, aimed to explore the growth potential of Mumbai's capital market and discuss practical ways to expand investment cooperation between India and South Korea.
The event was attended by representatives from Korean financial institutions and companies based in Mumbai, as well as officials from Indian and global financial firms. During the event, Ashishkumar Chauhan, CEO of the National Stock Exchange of India, and Swarup Mohanty, Vice Chairman of Mirae Asset Asset Management India, emphasized India's dynamic capital market and its potential to attract global investors.
Following the keynote speeches, a panel discussion led by the Indian Venture and Alternate Capital Association (IVCA) analyzed the local investment environment, noting that India's alternate capital ecosystem is experiencing significant growth, particularly in the technology startup sector. Indian officials expressed hope that the council will lead to tangible results, while KIC's Mumbai Office head, Kwon Ki-ho, underscored the importance of the gathering in reviewing the local environment and promoting exchanges between locally established institutions and investment institutions.
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