South Korea is eager for India to expand its Comprehensive Economic Partnership Agreement (CEPA) to include defense equipment, biofuel cells, robotics, drones, and future mobility products, aiming to encourage Korean investment in India's burgeoning economy. Korean officials, emphasize the importance of accommodating small and medium-sized industries' concerns, as they struggle with high customs duties and limited resources for setting up production units in India. A delegation from South Korea, representing Korean SMEs, visited India to explore opportunities and urged both nations to enhance cooperation in the SME sector, citing India's potential as an efficient product base with a skilled English-speaking workforce. "Korean economy is export-oriented with its presence across the globe. The focus of Korean companies is drifting from China to other alternate locations such as Vietnam, and other Southeast Asian countries but India is a better option", the delegation added.