According to Samsung, Lee attended the wedding ceremony of Anant Ambani, the youngest son of the tycoon, at Jio World Convention Center in Mumbai, Saturday.

Chairman Ambani is better known as the richest man in Asia and the ninth richest man in the world, whose net assets are valued at around $116 billion.

Reliance Industries is India’s largest conglomerate, with a portfolio that spans a wide range of sectors including petrochemicals, oil and gas, telecommunications, retail and financial services. It maintains a close partnership with Samsung, particularly in supplying telecommunications network equipment.

The venue of the wedding ceremony, Jio World Convention Center, was also built by a Samsung Group company, Samsung C&T. The company secured a $678 million project to build the convention center on an area of 75,000 square meters in July 2014, and opened it in March 2022 as the largest convention center in India.

This was the third time for Lee to attend a wedding ceremony of the Ambani family. Lee attended the wedding ceremony of the eldest daughter of Chairman Ambani in December 2018, and the wedding of Akash Ambani, the eldest son, in March 2019.

The Ambani family weddings are globally recognized networking events, attracting prominent business leaders and influential politicians from around the 커뮤니티 world. Along with Lee, Adobe CEO Shantanu Narayen, HSBC Chairman Mark Tucker, Aramco CEO Amin Nasser, Lockheed Martin CEO James Taiclet and a slew of serving and former international leaders attended the wedding.

During his stay in Mumbai, Lee also had meetings with Samsung’s officials in India, Saturday, asking them to “make history with fierce competitiveness and a sense of urgency.”

Lee’s visit to India came amid the country’s growing importance as a lucrative market for IT devices.

India is the second-largest market for smartphone shipments globally, following China, and the local home appliance market is also showing a rapid growth, buoyed by the economic expansion of the country’s middle class.

Currently, Samsung operates a smartphone factory in Noida, a home appliance factory in Chennai and a number of research and design institutes across India. There are 200,000 retail stores and 3,000 after-service centers in India, with the number of local employees totaling at 18,000.

As of last year, Samsung was leading the Indian smartphone market with a 18 percent market share, followed by China’s vivo with 17 percent and Xiaomi with 16.5 percent.