Photo of Saloni Shroff

Principal Associate in the General Corporate practice at the Mumbai office of Cyril Amarchand Mangaldas. Saloni has experience and focuses on corporate advisory and transactional matters, which mostly include Private Equity and M&A transactions. She has represented many large corporate houses, promoters, and private equity funds in M&A transactions and foreign private equity investments. These include transactions in the education/edutech and digital media sectors. She brings to the table experience of not only structuring and closing numerous investor driven transactions, but also of undertaking the negotiation of promoter/sell-side requirements on several occasions. She can be reached at saloni.shroff@cyrilshroff.com

India-Korea: Building Blocks for $50-Billion Bilateral Trade by 2030 & Other Investments

While the Korean Wave or ‘Hallyu’, referring to the global popularity (including India) of K everything may seem like a recent phenomenon, the year 2024 marks the 51st anniversary of diplomatic relations between the two countries. According to the India Brand Equity Foundation, bilateral trade between India and Korea grew by 21.46% to $27.8 billion in 2022-23. South Korea is one of India’s largest Foreign Direct Investment (“FDI”) contributors, having invested $5.78 billion in key sectors such as metallurgy, automobiles, and electronics from April 2000 to December 2023.[1] With continuing and strengthening economic ties, both countries continue to remain bullish with the aim to reach $50 billion in bilateral trade by 2030. Continue Reading India-Korea: Building Blocks for $50-Billion Bilateral Trade by 2030 & Other Investments