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Korea-India Economic Co-op Forum Held in Hyderabad to Boost Investment in Telangana

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The Korea-India Economic Cooperation Forum successfully took place in Hyderabad, fostering enhanced industrial collaboration between the two nations. While inviting Korean companies to invest more in Telangana, the state government not only promised state-of-the-art infrastructure and talent pool, it also offered a dedicated mechanism to handhold Korean investments. The Telangana government promises world-class infrastructure and talent pool and rolls out the red carpet for Korean companies, inviting them to invest more in the state.
 

(L-R) Ambassador Chang Jae-bok, Duddilla Sridhar Babu, Minister of Information Technology, Electronics & Communications (ITE&C) and Industries & Commerce (I&C), Telangana

Organized by the Embassy of the Republic of Korea, KOTRA (Korea Trade-Investment Promotion Agency), the India-Korea Business Cooperation Center, and the Honorary Consulate General of the Republic of Korea in Hyderabad with the support of the Confederation of Indian Industry (CII), the event aimed to boost cooperation in various sunrise industries and provided ample opportunities for business networking.

Speaking on the occasion, Duddilla Sridhar Babu, Minister of Information Technology, Electronics & Communications (ITE&C) and Industries & Commerce (I&C), Telangana, said, “To address specific needs of the Korean companies, the state government not only offers the state-of-the-art infrastructure and talent pool, it will also have a dedicated desk under Invest Telangana Cell to handhold Korean investments and provide single window service.”

The minister said, “Because of the KOTRA support, the interest of Korean companies increased in manufacturing, technology, semiconductors, and life sciences sectors. I invite KOTRA to set up its office in Telangana also.” 

Chang Jae-bok, the Ambassador of the Republic of Korea, said that over the past decade, we have witnessed successful implementation of India’s initiatives like ‘Make in India,’ ‘Self-reliant India,’ and ‘Act East.’ “These policies have significantly deepened the bilateral relationship between Korea and India, with trade volumes reaching an all-time high of $27.8 billion in 2022. Major Korean companies such as Samsung, Hyundai, LG, and Kia, along with MSMEs, are actively expanding their investments in India, further strengthening our economic ties,” he added.

In his welcome address, C. Shekhar Reddy, immediate past chairman, CII Telangana, and CMD, CSR Estates Ltd., said, “South Korean companies have been actively investing in Telangana, leveraging the state’s industrial growth and strategic advantages. This is exemplified by companies like Samsung, which has established a significant manufacturing presence in the region.”

Suresh Chukkapalli, the Honorary Consul General of the Republic of Korea in Hyderabad, said in India, South Korea continues to dominate some of the sectors that have become household names—Hyundai, KIA, Samsung, etc. In Telangana in the last few years, some of the major Korean brands, such as YoungOne, have moved here. Korean semiconductor company APACT is launching a JV project with ASIP in Hyderabad.

Dr. E Vishnu Vardhan Reddy, Special Secretary for Investment Promotion & External Engagements and VC&MD TSIIC Govt of Telangana, discussed Telangana’s industrial ecosystem and investment policy.

While presenting a Korea-India Economic Cooperation Plan, Ms. Jeongseon Lee, Executive Director of the India-Korea Business Cooperation Center at KOTRA, said, “Major transformations are taking place in the global value chain, and these changes can potentially lead to new prospects for collaboration between India and Korea. For example, global companies are expanding their GCC presence, notably in Hyderabad, to leverage India’s IT talent. These GCCs are not only playing key roles in back-office operations but are also serving as important innovation centers. Several Korean companies have already followed suit to benefit from these advantages. I hope more companies will join these movements in the coming days.”

The forum featured several sessions on successful collaboration cases across different industries. Sanjeev Deshpande, MD & CEO of NTT Data Business Solutions, shared insights on IT collaborations. The semiconductor industry was represented by Venkata Simhadri, CEO of ASIP Technologies. Further presentations were made by Balaji Prabakaran, Head of Product Planning Department at Hyundai Motor India Engineering, and Jayesh Sanghvi, Partner at Ernst & Young, who highlighted other successful collaboration cases.

The forum concluded with a networking dinner, providing participants the opportunity to establish communication channels and explore potential business partnerships. This event marked a significant step forward in strengthening the economic ties between Korea and India.

Ex-Diplomats: India Should Prioritize its Own Interests, Especially in the Neighborhood

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At a special seminar organized in New Delhi, former diplomats and several intellectuals concurred that India ought to prioritize its national interests, particularly in the region and globally, when engaging with the United States and other influential nations.
 

Dignitaries present during discussion of Indo-US and India’s Neighbourhood in New Delhi

 

Participating in a panel discussion on ‘Indo-US Relations and India’s Neighborhood’ organized by Shaheed Nanak Singh Foundation, in association with the Post Graduate Government College, Sector 11, Chandigarh, former Indian Ambassador Mr. Kanwal Sibal acknowledged the historical differences between India and the US but highlighted the significant progress in bilateral relations. He cited defense deals and declaration of India as a major ally outside of NATO Major Defense Partner as evidence of improving relations. Mr. Sibal also warned that any instability in India’s neighborhood would advantage China.
 

Also present on this occasion Ex- Ambassador Mr. Shyam Saran suggested that India should not leave any open spaces in its neighbourhood for any other major power to exploit the situation. He said that it has been a long-standing position that unless we get our periphery, our neighbourhood right, it is very difficult for us to play a larger role globally. Thus, managing our neighbourhood is critical in terms of the safeguarding of India’s future.
 

Another illustrious career diplomat Mr. Jayant Prasad too echoed similar opinion. He underscored the necessity of India enhancing its regional engagement and strengthening ties with its neighbours. This, he asserted, would further solidify India’s relationships with the United States, Russia, and China.
 

The event was held to honor Shaheed Nanak Singh’s efforts in promoting communal harmony between Hindus and Muslims during India’s partition.
 

Lord Rami Ranger CBE, Member of the House of Lords, United Kingdom, who is also son of Shaheed Nanak Singh Ji, narrated the role that his father played in uniting Hindus and Muslims during the turbulent times of partition. Shaheed Nanak Singh Ji also believed in humanity and was of the opinion that a country born out of hatred cannot go a long way, he said.
 

Mr. Navneet Soni, former Chief Commissioner of Income Tax and Member of the Board of Trustees of the India International Centre, also graced the occasion and said, “India’s relations with the USA is both at all time high and facing critical challenge. I concur with our panelists’ views that India should keep up the tempo of relations with USA while focusing on our neighborhood.”
 

Highlighting the importance of such discussions, Mr. Vineet Nanda, an alumni of Post Graduate Government College, Chandigarh and Chairman of the FICCI Committee of Housing and Infrastructure for Punjab, Haryana, Himachal Pradesh, Chandigarh and Uttarakhand said, “Given the recent global developments, the topic of discussion was not only timely, but also apt as our panelists enlightened the audience with nuances of the Indo-US relations and neighbourhood angle of this dynamic relationship.” 
 

The panel discussion was moderated by Hardayal Singh, IRS Retd and an alumnus of the P. G. Government College Chandigarh with several dignitaries, including alumni of Government College, Chandigarh, in attendance.

Maharashtra Votes for Development – Masala King Dr. Dhananjay Datar

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Maharashtra electorates have conferred a thumping absolute majority of 229 seats to the BJP led alliance in the recently held State Legislative Assembly elections.
 

“As an entrepreneur, I feel that this result is encouraging and beneficial to the overall development of Maharashtra,” said, Dr. Dhanjajay Datar, popularly known and revered as Masala King, CMD of Adil Group of Superstores, Dubai & UAE.

 

Dr. Dhananjay Datar, Chairman and Managing Director, Adil Group of Super Stores, Dubai
 

As per his observation the economic and industrial development of any state depends upon the stability of the government policies- and to ensure the consistency of such policies, the government should have a strong mandate. Since both the governments at the Centre and State level are from the same alliance, being stable, like-minded and pro-development, they will surely not face challenges like instability, compromise or fear of President’s rule over the next five years. Also, the state will receive abundant funding from the Centre to carry out various crucial development projects, which is promising.

 

As per Dr. Datar, the last regime of BJP led alliance in Maharashtra demonstrated comprehensive and fast development with its people-centric decisions. The same will be witnessed in the near future. Many vital infrastructure projects are in the final stage of completion and some of them- for example, Samruddhi Expressway, Metro Trains, Bullet Train, Western Dedicated Freight Corridor, Navi Mumbai International Airport, proposed Wadhwan Port etc. are also crucial for national progress.

 

Dr. Datar expressed, “I am sure that there will be a great boost to investment, communication, import-export and industrial development in Maharashtra, which would result in the economic prosperity of the state. My best wishes to the new government and its visionary leadership.”

ABP Network's Ideas of India 2025 Spotlights India as the 'Force for Good' and Explores 'Humanity's Next Frontier' in the Fourth Edition of its Flagship Initiative

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  • Union Minister of Commerce & Industry Piyush Goyal: It would be great if Tesla manufactures in India. Moving towards electric mobility is beneficial, and if it aligns with national interest, it’s even better.

  • Ambassador Kurt Volker: “India is a rising power that comes across a friendly state with shared values. President Trump personally likes Prime Minister Narendra Modi but that doesn’t stop his transnationalism.”

  • Dr. Shashi Tharoor pointed out that the desperation of people from Punjab and Gujarat to migrate reflects a deeper crisis rather than mere aspiration.

  • Dr. (Prof.) Venki Ramakrishnan, Nobel Prize-winning Biologist, and Former President, The Royal Society: “One stark reality is that wealth plays a role in longevity as rich people tend to live 10 to 15 years longer than the poor.

  • Dr. Manish Gupta, Senior Director at Google DeepMind, said, “India is not a poor country anymore, and we must take bold steps in developing our foundational AI models.

  • Dr. Goutam Chattopadhyay, Senior Scientist at NASA’s Jet Propulsion Laboratory and Visiting Professor at Caltech: “Sunita Williams’ return was delayed due to a technical glitch, but on March 19, they will be safely back home.”

  • Leander Paes: “We start scouting for talent quite late. As a nation, if we embrace sports science and incorporate DNA testing to assess young athletes whose abilities align with geographical genetics, I believe we can truly make a difference”

  • Prof. Ashwani Mahajan, Author, Columnist, and National Co-convenor of Swadeshi Jagran Manch dismissed negative global narratives on India’s poverty, calling them a conspiracy to undermine progress, while Dr. Ashima Goyal Economist and Member of India’s Monetary Policy Committee highlighted that poverty has dropped from 30% to 5%, a historic achievement.

 

As India navigates global disruptions while striving to achieve its growth objectives on the path to its centennial milestone as an independent nation in 2047, ABP Network, the country’s leading multi-language news network, launched the fourth edition of ABP Network’s Ideas of India 2025 in Mumbai. The two-day long summit was hailed by masses for discussing global movement towards ‘Humanity’s Next Frontier’, and witnessed the convergence of inspiring ideas from the foremost icons leading the charge to make our nation a ‘force for good’.

 

ABP Network Ideas of India 2025

 

The summit hosted over 30 thought-provoking sessions with over 50 esteemed speakers exploring India’s role in global socio-cultural, economic and scientific evolution and its future as a global stabilizer in geopolitical affairs. Through the two days, the initiative witnessed the convergence of ideas flowing from policy makers, International experts, social activities, spiritual thinkers, entrepreneurs, business leaders, investors, film stars and celebrities, sports icons, and musicians from all over India who share soul stirring perspectives and stories for people to reflect and action.

 

Union Minister of Commerce & Industry, Piyush Goyal emphasized the strong India-U.S. partnership, calling the two nations “force multipliers” rather than competitors. Addressing U.S. tariffs, he reassured that India’s industry is resilient and optimistic about bilateral trade. On Tesla and ‘Make in India’, he said, “It would be great if Tesla manufactures in India. Moving towards electric mobility is beneficial, and if it aligns with national interest, it’s even better.

 

Dr. Shashi Tharoor, Author, Politician, and Former International Diplomat, highlighted the paradox of India’s growth story, where economic expansion coexists with rising unemployment and social crises. He pointed out that the desperation of people from Punjab and Gujarat to migrate reflects a deeper crisis rather than mere aspiration. Emphasizing the plight of migrants, he called for investment, employment, and entrepreneurship to ensure migration is a choice, not a necessity. He condemned the demeaning deportation of illegal immigrants, advocating for dignity in repatriation. Tracing India’s historical migration, he noted how Indian laborers and professionals have shaped global economies, citing the resilience of past generations. On India-Canada relations, he took a firm stance against Khalistani extremism, calling for stricter action.

 

Prof. Ashwani Mahajan, Author, Columnist, and National Co-convenor of Swadeshi Jagran Manch, and Dr. Ashima Goyal, Economist and Member of India’s Monetary Policy Committee, addressed India’s economic transformation, poverty reduction, and job market shifts. Prof. Mahajan dismissed negative global narratives on India’s poverty, calling them a conspiracy to undermine progress, while Dr. Goyal highlighted that poverty has dropped from 30% to 5%, a historic achievement. She emphasized India’s stable, high growth rate averaging 8.3% over three years, leading to a 10% rise in job creation. On youth unemployment, she pointed out that job seekers often refuse opportunities, preferring government jobs for their security. Discussing freebies, Dr. Goyal warned that excessive welfare spending limits infrastructure investment, while Prof. Mahajan criticized “Revdi Culture” for bankrupting states like Andhra Pradesh and Punjab.

 

Discussing the developments in United States since Donald Trump assumed office, Ambassador Kurt Volker, said, “For Donald Trump, unpredictability is deliberate tactics to create uncertainty and he likes to shock people by saying provocative things to make people react.” He further added, “For Trump, to end the war one has to stop Russia which no one was doing. He also wants Ukraine to pay back to United States for the help it offered.” On India, he said, “India is a rising power that comes across a friendly state with shared values. President Trump personally likes Prime Minister Narendra Modi but that doesn’t stop his transnationalism.”

 

Speaking in the session “The Science of Ageing- The Yearning for Immortality”, Dr. (Prof.) Venki Ramakrishnan, Nobel Prize-winning Biologist, and Former President, The Royal Society, said, “One stark reality is that wealth plays a role in longevity as rich people tend to live 10 to 15 years longer than the poor. We now understand why exercise, a good sleep cycle, and other healthy habits help slow aging. Avoiding social isolation and maintaining a sense of purpose is crucial. Early health screenings, such as for diabetes, can make a significant difference in ageing.”

 

Speaking on the topic ‘Transforming India with AI: Why We Need More Data’, Dr. Manish Gupta, Senior Director at Google DeepMind, said, “India is not a poor country anymore, and we must take bold steps in developing our foundational AI models. AI is accelerating progress on a range of critical problems, from drug discovery and plastic pollution to structural biology. Innovations like AlphaFold are helping us solve complex scientific challenges faster than ever before.

 

Dr. Goutam Chattopadhyay, Senior Scientist at NASA’s Jet Propulsion Laboratory and Visiting Professor at Caltech was speaking in the session, ‘Transforming India with AI: Why We Need More Data’, when he confirmed, “NASA is not keeping Sunita Williams in space. Sunita Williams’ return was delayed due to a technical glitch, but on March 19, they will be safely back home.” He added, “ISRO and NASA are collaborating on a project right now. ISRO is doing great and executing successful missions. Astronomy truly opens up your vision to the universe and it is a big mystery that we are trying to solve.”

 

In a mega sporting panel, Viswanathan Anand, 5-time World Chess Champion, Padma Vibhushan, Padma Bhushan, Padma Shri and Arjuna Awardee; Geet Sethi, 9-Time World Champion of Billiards/Snooker and Founder of Olympic Gold Quest; Prakash Padukone, All England Open Badminton Champion, Padma Shri and Arjuna Awardee; Leander Paes, Indian Olympic Medalist, Grand Slam Winner, International Tennis Hall of Fame member, and Entrepreneur, Founder of Flying Man Ventures discussed the next frontiers of sports in India.

 

Leander Paes said, “I am concerned about tennis. Our association is currently facing the Supreme Court. We should learn from what the BCCI has done for cricket and follow its model of establishing hundreds of cricket clubs in every region of India. We start scouting for talent quite late. As a nation, if we embrace sports science and incorporate DNA testing to assess young athletes whose abilities align with geographical genetics, I believe we can truly make a difference.

 

Geet Sethi added, “The reason why we are not producing Olympic level sportspersons is that sports in India don’t have the money for the talent to be nurtured. Socioeconomics, genetics, and subconscious self-belief are the three things which will drive India to sporting excellence.” 

 

Prakash Padukone said, “We have abundant talent in the country, but many previously lacked opportunities. Over the last 15 years, this has changed significantly. The sports federations must be professionalized. Talent is not the issue, nor is funding a problem now. The government is doing its part, and people are receiving support, but it is crucial that sports federations become more involved. These federations need to operate like corporations. Federations control the sports. It is their responsibility to encourage and promote sports.” 

 

Viswanathan Anand, said, “In India, I work to identify talent and provide them with all the resources they need. Winning medals will inspire more people to take up sports as a career option. When sports become a mass movement in our country, that’s when true transformation will happen. Currently, we are competitive in sports but often miss out narrowly. We shouldn’t be satisfied with these close misses; that’s how we will grow as a sporting nation. In India, federations should be reformed to become more accommodating and spontaneous. Many chess players have started their own academies.

 

ABP Network’s Ideas of India 2025, centred around the theme ‘Humanity’s Next Frontier’, will bring together thought leaders and innovators to explore the challenges and opportunities posed by India’s rise in a rapidly evolving world. In the face of climate change, geopolitical conflicts, and technological advancements such as AI, the summit delved into India’s role as both an ancient civilisation and a demographic powerhouse in shaping the future. The two-day summit gathers a confluence of ideas from global thought leaders, intellectuals, and change makers, covering transformative possibilities in science, medicine, social contracts, and global leadership, with experts from diverse fields offering bold visions for a better, more sustainable world for all.

Dr. Ashok Kumar Mittal Joins Indian Parliamentary Delegation to Russia

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Dr. Ashok Kumar Mittal, Member of Parliament, Rajya Sabha, and Founder Chancellor of Lovely Professional University, is participating as a distinguished member of the Indian Parliamentary Delegation visiting the Russian Federation on May 23 and 24. The cross-party delegation represents a unified Indian voice on the global stage, reaffirming the nation’s commitment to combating terrorism and strengthening its longstanding relationship with Russia.

 

Dr. Ashok Kumar Mittal Joins Indian Parliamentary Delegation to Russia

 

The visit comes as part of India’s broader diplomatic outreach following the 22 April Pahalgam terrorist attack, under an initiative known as Operation Sindoor, a national effort to build international consensus against terrorism. The delegation includes Members of Parliament from across political parties, including BJP, DMK, and AAP, demonstrating collective political resolve on a matter of pressing national and global importance.

 

In Moscow, Indian MPs held high-level discussions with representatives from both houses of the Russian Parliament. Key topics included counter-terrorism cooperation, inter-parliamentary dialogue, and regional economic connectivity.

 

Dr. Ashok Kumar Mittal commented, “We exchanged views on urgent global challenges, particularly the rising threat of terrorism. Such international dialogues are critical in building partnerships that promote peace and security. Russia has been a consistent and trusted partner of India, and this visit reaffirms our mutual determination to confront forces that undermine global harmony.”

 

The Russian side expressed strong solidarity with India following the Pahalgam attack and voiced support for a unified global stance against extremism.

 

India and Russia share a decades-long strategic partnership anchored in mutual trust, aligned geopolitical interests, and robust defence collaboration, from the Indo-Soviet Treaty of 1971 to the co-development of the BrahMos missile system. This relationship has helped spur bilateral trade to $65 billion in FY 2023–24. Their close cooperation in multilateral platforms such as BRICS and the Shanghai Cooperation Organisation (SCO) further reflects a joint push for a multipolar global order and a united front against cross-border terrorism.

Hon'ble MP Dr. Ashok Kumar Mittal Highlights India's Commitment to Global Cooperation and Anti-Terrorism During Slovenia Visit

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Hon’ble Member of Parliament Dr. Ashok Kumar Mittal, part of the Indian Parliamentary Delegation visiting Slovenia, reinforced India’s uncompromising stance on terrorism and emphasized the importance of global collaboration to counter emerging threats to peace and security.

 

Rajya Sabha MP Dr. Ashok Kumar Mittal Highlights India’s Commitment to Global Cooperation and Anti-Terrorism During Slovenia Visit

 

The visit comes as part of India’s broader diplomatic outreach following the April 22 terrorist attack in Pahalgam, under a national initiative titled Operation Sindoor—a concerted effort to build international consensus against terrorism and ensure global solidarity on this critical issue.

 

During high-level engagements in Ljubljana today, Shri Ashok Mittal met with:

  • H.E. Predrag Baković, Chairperson of the Foreign Policy Committee of the National Assembly of Slovenia,

  • Mr. Miroslav Gregorič, Chair of the India–Slovenia Parliamentary Friendship Group, and

  • Mr. Vojko Volk, State Secretary and National Coordinator for National and International Security in the Prime Minister’s Office.

 

In these meetings, Dr. Mittal conveyed India’s unified and resolute approach to national and global security. Slovenian leaders reaffirmed their strong condemnation of terrorism, calling it a threat that is morally indefensible and incompatible with democratic values.

 

Dr. Ashok Kumar Mittal stated, “India stands united in its determination to eliminate terrorism and to forge meaningful global partnerships for peace, innovation, and inclusive growth. In an era of shared challenges, cooperation with democratic partners like Slovenia is vital. This visit is a step forward in strengthening our bilateral ties and reinforcing our mutual commitment to a safer, more just world.”

 

Dr. Mittal’s participation underscores India’s resolve to lead globally through dialogue, strategic alliances, and unwavering principles.

Rajya Sabha MP Dr. Ashok Kumar Mittal Joins All-Party Parliamentary Delegation Visit to Greece

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Dr. Ashok Kumar Mittal, Hon’ble Member of Parliament (Rajya Sabha) and Founder Chancellor of Lovely Professional University, is currently in Greece as part of an esteemed multi-party parliamentary delegation from India visiting the Hellenic Republic from May 27 to 29, 2025. This high-level visit reflects India’s united stance against terrorism and its continued commitment to strengthening bilateral relations with Greece.
 

Rajya Sabha MP Dr. Ashok Kumar Mittal Joins All-Party Parliamentary Delegation Visit to Greece
 

The delegation, following successful engagements in Russia and Slovenia, will meet Greek Parliamentarians, senior officials from the Ministry of Foreign Affairs, think tanks, the Indian diaspora, media representatives, and other key stakeholders during their stay.
 

Dr. Mittal stated, “India and Greece share deep civilizational ties and a relationship founded on mutual respect and a shared commitment to peace. This visit will focus on addressing the global menace of terrorism and reafirming the Indo-Greek cultural and strategic ties that span over 2,500 years.”
 

These engagements are expected to highlight India’s commitment to unity, peace, and its firm resolve to combat terrorism in all its forms and manifestations.
 

India and Greece share a steadily strengthening partnership, built on shared democratic values, economic collaboration, and enduring cultural connections. The visit of Greek Prime Minister Mr. Kyriakos Mitsotakis to India in 2024 marked a significant step forward, as both nations identified key sectors such as pharmaceuticals, ports, chemicals, shipping, food processing, communications, and defence to enhance trade and strategic cooperation. At that time, bilateral trade stood at USD 1.9 billion for FY 2022–23, and both sides expressed a mutual ambition to significantly scale this figure in the coming years.

Rajya Sabha MP Dr. Ashok Kumar Mittal Joins All-Party Parliamentary Delegation Visit to Latvia

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Dr. Ashok Kumar Mittal, Hon’ble Member of Parliament (Rajya Sabha) and Founder Chancellor of Lovely Professional University, is currently in Latvia as part of a distinguished multi-party parliamentary delegation from India. The delegation is visiting Riga from May 29 to 31, 2025, as part of India’s ongoing diplomatic outreach under Operation Sindoor, which emphasizes global solidarity against terrorism.

 

https://www.newsvoir.com/images/article/image1/32131_Riga_image.png

Rajya Sabha MP Dr. Ashok Kumar Mittal Joins All-Party Parliamentary Delegation Visit to Latvia

 

Following high-level engagements in Russia, Slovenia, and Greece, the Indian delegation is holding a series of high-level meetings with Members of the Latvian Parliament (Saeima), senior officials from the Ministry of Foreign Affairs, and key stakeholders from think tanks, academia, media, and the Indian diaspora.

 

Dr. Mittal stated, “Terrorism is a shared global threat, and India is committed to working hand-in-hand with the international community to eliminate it. Latvia, as a strong democratic partner, plays a vital role in this dialogue, and I am honoured to contribute to this effort on behalf of India.”

 

This marks the first high-level Indian parliamentary visit to Latvia since India established its Resident Mission in Riga in July 2024, underscoring the deepening strategic partnership between the two nations. 

 

The visit highlights India’s united political stance across parties on zero tolerance toward terrorism and promotes its evolving counter-terrorism doctrine, which prioritizes global cooperation, accountability, and decisive action based on shared commitments to global security, democratic values, and enhanced international cooperation.

India–Mexico Trade Corridor: Credlix Launches India Sourcing to Strengthen Bilateral Trade and Financing for Mexican Manufacturers

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Credlix, a global fintech platform for cross-border supply chain financing, has announced the launch of its India–Mexico Connect service. This new offering enables Mexican buyers to source industrial products directly from Indian manufacturers via the deep B2B network of Moglix—Credlix’s parent company—while accessing seamless, collateral-free trade financing.
 

This marks the first time an Indian B2B startup is introducing such a service in Mexico, strengthening collaboration between Mexican importers and Indian exporters, and accelerating supply chain diversification for Mexican businesses.
 

Credlix announces the launch of its India–Mexico Connect service at the IndMex Chamber
 

The service was formally introduced at the IndMex Chamber event hosted by the Embassy of India in Mexico on Thursday, June 19, in the presence of H.E. Pankaj Sharma, Ambassador of India to Mexico. Organized by the Trade and Commerce Council of India and Mexico (IndMex), the event convened key stakeholders from business, trade, and diplomacy to foster stronger bilateral ties.
 

“With the launch of India Sourcing for Mexico, we are enabling a new chapter in India–LATAM trade,” said Rahul Garg, Founder & CEO of Moglix and Credlix. “As Mexico grows as a nearshoring hub and India expands its manufacturing base, this initiative bridges both supply and capital gaps, creating stronger global value chains.”
 

Ambassador Dr. Pankaj Sharma, along with Daniel Becker Feldman, CEO of Banca Mifel, emphasized the shift from diplomatic goodwill to concrete business outcomes. Dr. Sharma reiterated the growing momentum in bilateral cooperation and stressed the importance of enabling tangible economic engagement.
 

Becker Feldman highlighted Mexico’s untapped potential in digital finance, noting that “over half of Mexican transactions remain cash-based,” and praised India’s digital payments infrastructure as a model Banca Mifel already leverages.
 

Through India–Mexico Connect, Mexican buyers can access a wide range of industrial products—including automotive components, engineering goods, chemicals, bulk packaging, textiles, and electronics—from over 20,000 Indian suppliers in the Moglix network. Backed by Credlix’s invoice-based export financing, these imports are eligible for up to 90% working capital at the time of shipment, all without collateral.
 

The platform addresses long-standing challenges such as payment security, sourcing complexity, and limited access to trade finance. By integrating procurement and financing into a digital-first platform, it delivers a frictionless cross-border trade experience.
 

Aligned with global trends such as China+1 diversification, nearshoring, and Indo-Pacific economic cooperation, this initiative aims to rapidly grow the relatively smaller USD 11 billion trade between India and Mexico, which stands in sharp contrast to Mexico’s USD 120 billion trade with China. India–Mexico Connect positions India as a reliable sourcing partner and Credlix as the financial backbone of this evolving trade corridor.
 

Credlix
Credlix is a global supply chain financing platform that enables SMEs to access fast, collateral-free working capital. With operations across India, the United States, Mexico, and the UAE, Credlix helps businesses scale sustainably and thrive in global markets.

Over 130 Indian MLAs & MLCs from 24 States, 21 Parties to Attend Global NCSL Summit in Boston, Facilitated by NLC Bharat 2025

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In a significant step toward strengthening global democratic engagement, a landmark delegation of over 130 Indian legislators will participate in the National Conference of State Legislatures (NCSL) Summit in Boston, USA, from August 4 to 6, 2025. The initiative for Bharatiya delegation of legislators is being facilitated by National Legislators’ Conference Bharat (NLC Bharat), a pioneering platform dedicated to empowering Indian legislators and fostering national and international legislative collaboration, cooperation and dialogue for sharing knowledge and best practices.

 

Indian legislators who attended NCSL Summit 2024 in Boston as part of the NLC Bharat initiative 


The delegation—comprising Members of Legislative Assemblies (MLAs) and Members of Legislative Councils (MLCs) from over 24 Indian states and representing a diverse spectrum of 21 political parties—embodies the rich and inclusive tapestry of Bharat’s democratic leadership. This historic journey began in 2024, when a pioneering group of 50 legislators participated in the Legislative Summit held in Louisville, USA—an initiative unprecedented in independent Bharat and undertaken neither by the government nor any other institution. 


Now, in a landmark moment, the delegation has grown to an unprecedented 130 legislators—marking the largest-ever Indian legislative presence at any global conference. This first-of-its-kind endeavour aims to foster cross-border learning, enhance legislative capacity, and provide exposure to international best practices in governance and lawmaking.


Rooted in the success of the inaugural NLC Bharat 2023 in Mumbai, this international visit is part of a long-term vision to create non-partisan, knowledge-driven platforms for legislators. At the NCSL Summit, legislators from Bharat will participate alongside over 2,000 U.S. legislators and more than 7000 legislators from different parts of the world in sessions addressing AI in governance, digital democracy, cybersecurity, voter confidence, and policy innovation.

 

Dr. Rahul Karad, Founder, NLC Bharat, said, “This is not just a delegation. It is a living expression of Bharat’s democratic strength and unity in diversity — never before has such a large and representative group of Honourable MLAs and MLCs come together to engage the world on such a scale. What makes this moment even more special is the spirit behind it — the desire to learn, to grow, and to lead with wisdom and vision. When our legislators step into this international arena, they carry not only their personal aspirations, but the hopes of a billion citizens and the essence of an ancient civilization. Our goal is simple yet profound — to build meaningful bridges across democracies, to learn from each other, and to kindle conversations that transcend borders and strengthen governance.”


The itinerary includes academic orientation programs on U.S. legislative systems, visits to local institutions and state assemblies, and meetings with Indian-origin leaders across politics, academia, and industry. These engagements aim to foster meaningful dialogue between the world’s two largest democracies and deepen ties with the Indian diaspora.


The Boston delegation is part of a larger vision to create a series of international exposure programs for Indian legislators, with future visits being planned to countries across Asia, Europe, and the Americas. Through this structured engagement model, NLC Bharat aspires to build a stronger, more informed, and globally connected legislative ecosystem—one that enhances India’s democratic credentials and positions Bharat as a leader in democratic innovation on the global stage.