Prime Minister Narendra Modi and South Korean President Lee Jae-myung today unveiled the ‘India-Korea Digital Bridge’ — a long-term framework to merge India’s AI talent with South Korea’s semiconductor and hardware manufacturing capability — during President Lee’s three-day state visit, the first by a South Korean head of state to India in eight years. The two leaders also set a bilateral trade target of USD 50 billion by 2030, nearly double the current level, and agreed to deepen cooperation in shipbuilding, AI, semiconductors, and defence technology.
The Digital Bridge is designed to create an integrated technology supply chain between the two countries — India contributing AI software and engineering talent, South Korea providing semiconductor fabrication expertise and precision manufacturing. Joint R&D projects on industrial AI applications and digital public infrastructure will form the initial programme, with defence technology and semiconductor cooperation forming the medium-term pillars. South Korea’s National Security Adviser Wi Sung-lac had pre-announced that the visit would ‘open a new chapter in economic cooperation by identifying new projects in strategic sectors such as shipbuilding.’
Shipbuilding and Energy Security
For India’s maritime sector, the key takeaway is the explicit inclusion of ‘shipbuilding and maritime industries’ as a strategic cooperation area. Korean majors — Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean — are expected to explore joint venture frameworks with Indian yards, technology licensing for LNG carrier propulsion, and support for India’s National Shipbuilding Mission. A CEPA upgrade is also being accelerated as the trade framework within which the expanded commercial relationship will operate.
The visit carries an energy security dimension as South Korea — which imports 70-80 per cent of its oil from the Gulf — shares India’s acute vulnerability to Hormuz disruptions. The two sides are expected to coordinate on Hormuz diplomacy, including whether Seoul will join the UK-France multilateral discussions on freedom of navigation. A high-level Korean business delegation accompanying Lee signals that commercial shipbuilding and manufacturing agreements are expected to follow the diplomatic communiqué.
