NEW DELHI: A South Korean company, SD Biosensor , has set up an Indian subsidiary becoming the first foreign company to produce rapid antibody test kits in India. Manufacturing from a plant in Haryana , it can produce 500,000 kits per week, said the Indian embassy in Seoul "The first batch was rolled out on April 19, 2020. This is an excellent example of India’s Make in India For World as the company plans to ramp up production to meet growing demand in India as well as other parts of the world," said the embassy in a statement, adding that the company was granted licence to manufacture the kits here in a very short period of time.``The strategy and corporate structure of this company exemplifies the strong India-RoK partnership specially in the field of medical technology. The company is sourcing required materials for manufacturing its diagnostic test kits in RoK from India,’’ it added.The Korean company, according to Indian officials, capitalises on India’s low cost, high quality resources and skilled and technical workforce to enhance its global marketshare and profits, thereby creating a win-win situation.