India and the Republic of Korea: diplomatic ties since 1973, CEPA in 2010 and a Special Strategic Partnership since 2015

Background

With South Korea's exports at a record in early October 2026, its trade ties with India are a standing exam topic.
India and the Republic of Korea (South Korea) established diplomatic relations in 1973; the 50th anniversary was marked in 2023.
The Korea-India Comprehensive Economic Partnership Agreement (CEPA) was concluded in 2010, and both sides have agreed to expedite negotiations to upgrade it.
Relations were elevated to a Special Strategic Partnership in 2015.
In a joint press statement issued during President Lee Jae Myung's state visit to India, the two sides set a goal of US$50 billion in bilateral trade by 2030.