South Korea is a key economic partner for India with numerous Korean businesses working in India across sectors such as automotives, electronics steel, finance textiles, and many more. More than 1,000 Korean firms are operating in India. The bilateral trade with India as well as South Korea reached USD 21 billion by 2024. It is predicted to increase to USD 50 billion by 2030. Government of India is hugely favorable to South Korean investments in India and has even established an exclusive Korea Plus desk to facilitate the easy introduction into India of South Korean companies in India. South Korean companies are especially well-known in the automotive and electronic industry, including smartphones as well as smartphones in India. Let’s take a look at the top 10 important South Korean companies in India in 2026.
Top 10 Leading South Korean Companies in India
1. Samsung Electronics
Samsung Electronics, founded in 1969, is a South Korean multinational giant in the sector of consumer electronics which shifted into India in 1995. The company’s headquarters are in Gurugram, Haryana, Samsung Electronics is a leading brand in India across a wide range in high-tech electronic consumer products such as tablets, smartphones household appliances such as washers and refrigerators, and smartwatches that wearable devices, such as smartwatches. Samsung Electronics is most well-known in the Galaxy series of tablets and smartphones which are very loved in India.
Samsung Electronics operates two manufacturing facilities in India which are located at Chennai in Chennai and NOIDA. Samsung Electronics has greater than 200,000 stores across India. The biggest source of revenue to the business in India is smartphones.
2. Hyundai Motor Company
Hyundai Motor Company, established in 1967 it is an South Korean multinational automotive manufacturer that has been operating in India since 1996, through its wholly controlled subsidiary Hyundai Motor India Limited. Hyundai Motor Company sells a broad assortment of models for cars for all segments of the customer, including the i20, i20 N line Venue, Creta, Creta N line, Alacazar and the latest electric SUV IONIQ5 via a network of 1366 sale points in India.
HMIL is a modern manufacturing facility near Chennai that manufactures the entire assortment of vehicles. The company is also an export hub for many countries in the Middle East and Africa.
3. LG Electronics
LG Electronics, founded in the year 1958. It is one of the significant international South Korean manufacturer of home appliances as well as consumer electronics and computers, and has been operating in India from 1997 with its wholly owned affiliate, LG Electronics India Limited. LG Electronics is a leading name in the home appliances and entertainment systems across India with a broad product line, which includes LED televisions and air conditioning systems as well as refrigerators, washing machines and dishwashers.
LGEIL operates two production plants, situated in Greater Noida in UP and Ranjangaon in Maharashtra. Both of the facilities are eco-friendly and are classified under greenfield operations.
4. Kia Corporation
Kia Corporation, founded in 1994 is the second-largest South Korean automotive manufacturer. It made its debut in into the Indian market in 2019 through its subsidiary Kia India. Kia India first launched the Seltos model, which was specially made specifically for India. In addition to Seltos Kia India has also launched four other models in India including Carena, Sonet, Carnival and EV6.
Kia India operates a manufacturing plant located in Anantpur, Andhra Pradesh which has produced 6.3 lakh cars to the present. Kia India has a vast distribution network that includes 339 points of sale throughout the country.
5. POSCO
POSCO was established in 1968 was an South Korean steel manufacturer which has been operating in India in 2005, through its subsidiary company, POSCO India Private Limited. The entity of the company is named POSCO Maharashtra Steel supplies cold rolling steel as well as cold rolled non-grain oriented steel and galvanized as well as galvannealed steel for automotive along with other industrial sectors.
POSCO India operates 5 state-of-the-art steel processing facilities located in Delhi, Pune, Ahmedabad, Chennai and Hyderabad. The authorized distributors of the company are based across Mumbai, Bangalore, Coimbatore and Chennai.
6. Daewoo Electronics
Daewoo Electronics, established in the year 1971 was an South Korean multinational manufacturer of household appliances and electronic automobiles that began to enter into the Indian market in 2023, in collaboration in partnership with Kelwon Electronics and Appliances, which is a company located in Gurgaon, Haryana.
Daewoo Electronics is providing numerous products to Indian customers. This includes inverters, batteries, smart televisions automotive batteries as well as alkaline water machines interactive displays, as well as solar panel.
7. Lotte Group
Lotte Group, founded in 1948 was an South Korean multinational conglomerate with diverse business interests, which include confectionery as well as hospitality and retail. The company has been present on the Indian confectionery market since in 2004 via its subsidiary company, Lotte India Corporation Limited. Lotte India owns multiple popular confectionery brands in India such as Coffee Bite, Lacto King, Lotte Eclairs and Lotte Choco Pie.
Lotte India operates two state-of-the-art facilities that are specifically designed for the production of choco pie at Rohtak and Chennai as well as a manufacturing facility located in Nellikuppam close to Puducherry. Lotte India has an array of more than one million retail outlets as well as around 2000 distributers throughout India.
8. Doosan Group
Doosan Group, founded in the year 1896 was an South Korean multinational conglomerate with diversification of business interests that include construction equipment and drones, power plants hydrogen production, robots and desalination plant. It has been in operation in India since 2000. The company offers electric equipment as well as general as well as special design construction equipment and transportation machinery to Indian market.
9. Krafton Inc.
Krafton Inc. is a major South Korean gaming developer which was established in the year. It was introduced to its entry into the Indian market in 2019, through its subsidiary, Krafton India. Krafton India has emerged as an essential company on the Indian gaming industry, with numerous famous gaming tiles such as BGMI, Road to Valor, Garuda Saga and Defense Derby.
10. Innisfree
Innisfree was established in 2000 was an South Korean cosmetics and skincare brand that operates within the Indian market too. It offers a wide assortment of skincare and cosmetic products to Indian customers, such as sunscreens, moisturisers, face cleanser, balm for lips, and body lotion.
Conclusion
South Korean companies in India have a significant role to play in the area of job creation technology advancements, and a rise in exports and manufacturing. Partnerships and investments made from South Korean companies are set to rise in the next years.
