The India-Korea Digital Bridge is a long-term framework and concept for a strategic technological partnership between India and South Korea. It was unveiled on April 20, 2026, by Prime Minister Narendra Modi and South Korean President Lee Jae-myung. The initiative was created to anchor cooperation in next-generation technologies and build resilience in critical technology supply chains amidst global volatility. The core mechanism of the Digital Bridge is to merge India's AI software and engineering talent with South Korea's semiconductor fabrication expertise and precision manufacturing to create an integrated technology supply chain. The initial programme involves joint R&D projects on industrial AI applications and digital public infrastructure. A key provision is the collaboration on building a full-stack chip value chain in India, leveraging Korea's "K-Semiconductor Belt" strategy. The framework connects to the broader economic goal of nearly doubling bilateral trade to $50 billion by 2030. Related concepts include the acceleration of an upgrade to the existing Comprehensive Economic Partnership Agreement (CEPA) and the launch of an Economic Security Dialogue. Furthermore, a Memorandum of Understanding (MoU) was signed between NPCI International Payments Limited and the Korean Financial Telecommunications & Clearings Institute to explore linking digital payment rails. The Digital Bridge is a new initiative, but it is part of a wider strategic alignment that also includes a new framework for cooperation in shipbuilding.
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The Goods and Services Tax (GST), implemented on July 1, 2017, replaced 17 indirect taxes under the 101st Constitutional Amendment.
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