The recent visit of South Korean President Lee Jae Myung to New Delhi highlighted India's strategic push to attract foreign direct investment (FDI) from South Korea, particularly in sectors such as semiconductors, shipbuilding, and advanced manufacturing. Prime Minister Narendra Modi emphasized the importance of channeling South Korean capital into high-value sectors, aiming to transform India into a preferred investment hub amid global supply chain changes. A key proposal discussed was the establishment of a dedicated India-Korea startup and innovation investment fund to support early-stage companies in areas like artificial intelligence and electric mobility software. Additionally, the summit reinforced India's intent to deepen industrial investments from established Korean conglomerates, such as LG Group, which is expanding its operations in India. This engagement aligns with India's broader strategy to diversify its FDI sources, reducing overreliance on a limited number of countries and sectors. By enhancing its FDI profile, India seeks to strengthen its economic resilience, improve balance of payments, and support long-term growth objectives.