ENA MSME 2026-04-24 15:50:27 <p><span style="font-size:14px"><strong>New Delhi, Apr 24 (KNN)</strong> The Korea SMEs and Startups Agency (KOSME), through its Global Business Center (GBC) in New Delhi, has signed a Memorandum of Understanding (MoU) with the Maharashtra Industrial Development Corporation (MIDC) to support the entry and expansion of Korean small and medium enterprises (SMEs) in India.</span></p> <p><strong><span style="font-size:14px">Focus Areas of Cooperation</span></strong></p> <p><span style="font-size:14px">The partnership aims to create a structured support system for Korean SMEs, particularly in Maharashtra. Key focus areas include investment promotion, workforce development, and collaboration in advanced and emerging technologies, according to ET.</span></p> <p><strong><span style="font-size:14px">Strengthening Bilateral Ties</span></strong></p> <p><span style="font-size:14px">The initiative aligns with Indias industrial push under Make in India and reflects growing opportunities in manufacturing and global supply chains.</span></p> <p><span style="font-size:14px">KOSME has been supporting Korean firms through its India operations, including in Pune. The collaboration with MIDC is expected to strengthen this support by leveraging local infrastructure and institutional networks.</span></p> <p><span style="font-size:14px">KOSME said the agreement will act as a strategic bridgehead to accelerate Korean SME investments in India. </span></p> <p><span style="font-size:14px">The partnership is also expected to boost collaboration in manufacturing, digital transformation, and startup ecosystems, further deepening Korea India economic ties.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 45912 https://knnindia.co.in/news/newsdetails/msme/kosme-partners-with-midc-to-support-korean-smes-entry-into-india 2026-04-24 15:50:27 knnindia.co.in