India Korea Business Forum

India Korea Business Forum

At the invitation of FICCI, Mr Rajiv Arora, Executive Vice President, Muez Hest attended the India Korea Business Forum on 9th July, 2018 at Taj Palace hotel, New Delhi, held in the honor of visiting His Excellency Mr MOON Jae-in, Hon’ble President of Republic of Korea, who was accompanied by several ministers, senior government officials, besides, around 100 business & industry leaders from Korea.

H.E. Mr MOON Jae-in, Hon’ble President of Republic of Korea addressed the gathering and urged for a greater engagement & cooperation between Korea & India. Mr Moon affirmed his commitment to raise level of Korea India engagement by extending his Government’s support & funds to projects in India, in the areas of Aerospace, Infrastructure, Science & Technology & Food Processing cooperation for the benefit of People, Prosperity & Peace.

Mr Suresh Prabhu, Hon’ble Minister of Commerce & Industry and Civil Aviation lauded the role of Korean companies in giving importance to India and having established large manufacturing facilities in India. Mr Prabhu said that both countries are moving constructively and urged the Korean businessmen to tap the opportunities available in India.

Mr Park Young Mann, Chairman, Korean Chamber of Commerce & Industry also spoke about the future cooperation between the two countries would aim at promotion of peace & stimulating greater investment. Korean industry would focus on increasing business with Indian partners & forge joint ventures to take business relations to newer heights.

Mr. Rashesh Shah, President, FICCI said that the Indian industry was enthusiastically looking forward to unprecedented growth in India-Korea trade and investment relations. This high level visit would spur pro-active engagement between the Korean and Indian companies. He expressed confidence on greater collaboration between two friendly countries.

Mr Rajiv Arora, Executive Vice President, Muez Hest also met Mr Rajiv Kaul, Chairman, Nicco Group and Mr Sanjay Kirloskar, Chairman, Kirloskar Brothers Ltd, besides, meeting Mr Kyung Shik Sohn, Chairman, Korea Employers Federation and had fruitful discussions.with each of them.

On this occasion, the Commerce Ministers of both the countries also released a FICCI Report on ‘India-Republic of Korea: A New Era of Relationship’.

Han Moo Kyung, Chairperson, Korean Women Entrepreneurs Association - India Korea Business Forum
Mr Rajiv Arora, Executive Vice President met Ms Han Moo Kyung, Chairperson, Korean Women Entrepreneurs Association and briefed her about Muez Hest and its activities. Mr Rajiv Arora also informed Ms Kyung that Muez Hest has been very keen in empowering women at the workplace and have been encouraging women to take up challenging positions in the organization, which was greatly appreciated by Ms Han Moo Kyung.
Suresh Prabhu, Hon'ble Union Minister of Commerce & Industry, with an additional charge of Civil Aviation, Government of India - India Korea Business Forum
Mr Rajiv Arora, Executive Vice President met Mr Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry, with an additional charge of Civil Aviation, Government of India. Mr Rajiv Arora informed Mr Suresh Prabhu that Muez Hest, being a leading technology providers & turnkey plant & machinery suppliers have been able to successfully commission over 270 projects worldwide in the last 23 years of its existence.
Mr Suresh Prabhu, was very happy to learn that Muez Hest is the only Indian professional engineering organization which has its own in house R&D Centre of Excellence, which is equipped with the Pilot Plant and is recognized by the Ministry of Science & Technology, Government of India.
Rashesh Shah, President, FICCI - India Korea Business Forum
Mr Rajiv Arora, Executive Vice President, Muez Hest congratulated Mr Rashesh Shah, President, FICCI for his welcome address and also introduced him about Muez Hest & its activities as a R&D driven professional engineering organization, which has been engaged in setting up state of the art cutting edge process technologies for Edible Oils & Fats and Oleochemical sector.
Jeong Deok-min, Honorary Consul General of India to Republic of Korea - India Korea Business Forum
Mr Rajiv Arora, Executive Vice President, Muez Hest met Mr Jeong Deok-min, Honorary Consul General of India to Republic of Korea and briefly introduced Muez Hest and its activities to him. Mr Rajiv Arora also requested Mr Jeong to help identify companies in Korea which would be interested in availing the cost effective solutions & services from Muez Hest.
Tae-Young Kim, Chairman & CEO, Korea Federation of Banks - India Korea Business Forum
Mr Rajiv Arora, Executive Vice President, Muez Hest met Mr Tae-Young Kim, Chairman & CEO, Korea Federation of Banks and while welcoming him to India, briefed him about Muez Hest and its activities. Mr Kim was very much impressed in the manner, Muez Hest has created its goodwill and brand value over 17 countries, as a professional engineering organization.
Kim Young-Kwi, President, KYK R&D Centre, Korea - India Korea Business Forum
Mr Rajiv Arora, Executive Vice President, Muez Hest interacted with Mr Kim Young-Kwi, President, KYK R&D Centre, Korea. KYK Co Ltd is having strong R&D setup for research in Water Science. Mr Rajiv Arora briefed Mr Kim and informed that even Muez Hest is having a world class R&D Centre of Excellence and is making ceaseless efforts to realize the potential through development of process technologies in Edible Oil processing.
Mr Kim was pleased to learn that the R&D Center of Muez Hest is equipped with the Pilot Plant which helps in conducting performance trials on prototypes, before developing a commercial scale process equipment. Mr Rajiv Arora discussed about cooperation with Mr Kim in order to strengthen our relations on the grounds of core competence of both Muez Hest and KYK who can grow on the synergy & strength of each other.