Korea Investment Corp. (KIC) opened an office in Mumbai, India, on Tuesday, which is the sovereign wealth fund s first office established in an emerging market. It is the KIC s fifth overseas office, following ones in New York, London, Singapore and San Francisco.
On celebrating 50 years of diplomatic ties with India, Jae-bok said, “We have celebrations planned in New Delhi in December to mark 50 years of diplomatic ties between the two countries."