The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India (GoI) and the Korea Transport Institute (KoTI), Republic of Korea (RoK) signed a Memorandum of Understanding (MoU) on cooperation in logistics and infrastructure development.
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| DPIIT - Korea Transport Institute Sign MoU to Boost Collaboration in Logistics |
DPIIT - Korea Transport Institute Sign MoU to Boost Collaboration in Logistics
The Department for Promotion of Industry and Internal Trade (DPIIT) and the Korea Transport Institute (KoTI), Republic of Korea signed a Memorandum of Understanding (MoU) on cooperation in logistics and infrastructure development.
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The MoU will enhance cooperation in logistics and infrastructure development, leveraging KOTI's expertise to support India’s ambitious infrastructure initiatives. Joint working meetings will be held for taking the initiative forward.
The MoU Signs By
The DPIIT and Korea Transport Institute MoU was signed by Youngchan Kim, Chairman of KOTI, and Amit Kumar, Ambassador of India to the Republic of Korea.
DPIIT - Korea Transport Institute MoU: Key Benefits
The key benefits of DPIIT and Korea Transport Institute collaboration include the establishment of a research-driven program that enhances expertise in logistics and infrastructure through knowledge exchange, training, and technical assistance.
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It will also foster cross-learning in areas such as master planning, technology adoption, and innovation. Additionally, the partnership will highlight the achievements under the PM GatiShakti initiative and promote GIS data-based technology on a global stage.
Static Current Affairs related to DPIIT for upcoming exams
- Full form of DPIIT: Department for Promotion of Industry and Internal Trade
- Minister responsible: Piyush Goyal, Minister of Commerce and Industry
- Secretary: Amardeep Singh Bhatia
Static Current Affairs related to South Korea for upcoming exams
- Capital city: Seoul
- Largest city: Seoul
- Administrative center: Sejong City
- Official languages: Korean
- President: Yoon Suk Yeol (Powers & duties suspended) Choi Sang-mok (acting)
- Prime Minister: Han Duck-soo (Powers & duties suspended) Choi Sang-mok (acting)
- Total Population 2024 estimate: 52,081,799 (28th)
- Currency: Korean Republic won (₩) (KRW)
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