Due to Comprehensive Economic Partnership Agreement (CEPA) between Korea and India, the trade has become more active in infrastructure fields such as power generation, subway and oil plants. On January 18, 2010, According to the report that is about present condition and advance plan of India's infrastructure market, KOTRA suggested the advance strategies for Korean company to capture India's infrastructure market. KOTRA selected power generation as one of the most promising business for two reasons.
First, by 2010, India government is promoting a power facility construction project which constructs minimum 40,000MW sized power plant so that the whole nation is able use power. Second, demand for related equipment will be increased because not only expansion of power facility, but also repair of power transmission is also, planned.
The report continued, "Although India came into conflict with USA in nuclear program, India made an agreement with USA on nuclear energy at the end of 2008, so the chance to construct nuclear power plants is much higher than in the past," An Official from KOTRA stated, "India's poor infrastructure is the first priority for India’s government to invest money in, so Korean companies can get the best chance to advance into India's infrastructure market."
