
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India (GoI), and the Korea Transport Institute (KoTI), Republic of Korea (RoK), have signed a Memorandum of Understanding (MoU) to strengthen collaboration in logistics and infrastructure development. The agreement was formalized at the Sejong National Research Complex, South Korea, with Youngchan Kim, President of KoTI, and H.E. Amit Kumar, Ambassador of India to the Republic of Korea, representing their respective nations.
The MoU aims to facilitate cooperation in the logistics and infrastructure sectors by leveraging KoTI’s expertise to support India’s ambitious infrastructure development initiatives. Under this agreement, joint working meetings will be held to advance strategic objectives and ensure effective implementation of the collaborative efforts.
Also Read | DPIIT Partners with Apna to Empower Startups with Talent Access

A significant aspect of this partnership is the establishment of a comprehensive framework for knowledge exchange and institutional cooperation between DPIIT’s Logistics Division and KoTI. This initiative aligns with the objectives of the PM GatiShakti National Master Plan, which is designed to enhance infrastructure connectivity across India. By integrating advanced technological solutions and best practices, the agreement seeks to optimize logistics efficiency and master planning processes.

Key benefits of this collaboration include the development of research-driven programs aimed at enhancing domain expertise in logistics and infrastructure. Additionally, the partnership will facilitate cross-learning opportunities in master planning, technology adoption, and innovation. It will also promote the utilization of Geographic Information System (GIS)-based data technology to enhance infrastructure development and decision-making processes on a global scale.

The agreement is expected to play a crucial role in strengthening bilateral relations between India and South Korea while fostering innovation in logistics and infrastructure development. By sharing best practices and technical knowledge, both nations can work towards improving efficiency in the sector and achieving long-term sustainable development goals.
Also Read | India-Israel Business & CEO Forums to Strengthen Bilateral Economic Ties
The collaboration underscores India’s commitment to global partnerships and technological advancements in infrastructure planning. It also aligns with the broader vision of ‘Azadi Ka Amrit Mahotsav,’ celebrating India’s progress and fostering international cooperation to drive economic growth. The MoU sets the foundation for future engagements, encouraging continuous dialogue and joint research efforts between the two countries.
Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter, Instagram.
"Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!