Korea - India Forum
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With the growing amount of globalization and liberalization, not only Korean companies are making their presence felt in India, Indian firms too are establishing themselves in Korea. CSR as a corporate strategy has been dynamically evolving both in Korea and India keeping in pace with rapid industrialization in the present era of globalization. With an aim to deepen mutual understanding of each other's CSR programs and to learn from each other's experience to promote best CSR practices, the Korean Embassy in India in cooperation with FICCI took the novel joint initiative to hold an annual CSR Forum. The Korea-India CSR Forum is a bilateral forum between Federation of Indian Chambers of Commerce and Industry (FICCI) and the Embassy of the Republic of Korea in India, funded by the Embassy of the Republic of Korea in India, forum is organized every year. The main objectives of the forum are to: introduce CSR theories and policies of both the countries; discuss how CSR initiatives of the Indian and Korean company in India fits into the Indian context; share the best practices of CSR initiative, management in the supply chain domestically and internationally; communicate research results concerning CSR; and provide a platform to exchange and share ideas between policymakers, academics, and businesses. To further engage, discuss, share and understand the essence of CSR policies, its challenges, best practices and prospects, partnerships it holds for business sustainability and above all leading to future international business engagement and cooperation, the FICCI Aditya Birla CSR Centre for Excellence and the Embassy of The Republic of Korea in India formed the Korea - India CSR Forum.
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