Our products can compete with the Chinese: Korean industry
Alan Shin, Sales Manager, Se Young Metal Co Ltd, spoke to the correspondent of The Dollar Business on the sidelines of IITF. When asked about his presence at the Fair, Alan said “We are here to look for new reliable business partners. We know that Chinese products are a hit in India because of their cheap prices. Though it seems difficult to start a business in India we are confident that with our quality products we can bring a lot of difference in the Indian market.”
An Byung Son, representing Korea International Trade Association (KITA) said, “We are here to support India-Korea Comprehensive Economic Partnership Agreement (CEPA), which was signed on August 7, 2009 and came into force on January 1, 2010. It will be helpful for trade between India and Korea.”
We are here to explain CEPA to Indian buyers and importers. The agreement is helpful for both exporters and importers,” he added.
Yongjin Rho, also representing KITA, informed that there are 20 companies from Korea, that are participating in IITF. This year, the companies showcasing at the IITF are mainly from consumer products, appliances and electronic product divisions. Most of the companies here are SMEs looking for business and trade opportunities in India.
“We are looking for new business partners and opportunities to export our products to India,” he added.