Tuesday, December 9, 2025
12.1 C
New Delhi

Mann urges Punjabi diaspora in Seoul to help attract Korean investments to Punjab

Mann urges Punjabi diaspora in Seoul to help attract Korean investments to Punjab

.

Punjab Chief Minister Bhagwant Mann on Sunday called on the Punjabi diaspora in Seoul, South Korea to act as brand ambassadors of the state and encourage Korean companies to invest in Punjab, which he said has emerged as a preferred global investment destination.Interacting with members of the Punjabi community during his visit to South Korea, Mann said industry-friendly policies have already drawn investors to Punjab and urged the diaspora to further support the state’s push for investment, according to an official statement.He said Punjabis are “born entrepreneurs” and stressed the need for collective efforts to place the state on a stronger industrial growth path. The chief minister said the state government has created conducive conditions for industries and said it was time for overseas Punjabis to contribute to their motherland.Mann said enhanced investments would create employment opportunities for youth and boost industrial growth, contributing to the vision of a ‘Rangla Punjab’. He lauded the global achievements of Punjabis, noting their hard work, innovation and energy. He said his government aims to make Punjab a preferred global hub for industry by ensuring policy stability, speedy decision-making and a governance system that values investor trust. The state’s approach is based on close partnership with industry and enabling growth by addressing investors’ needs, he added.Mann further said Punjab has strengthened its infrastructure, expanded its industrial capacity and opened new avenues for investment.He highlighted governance and regulatory reforms, including the single-window system offering 173 services, auto-deemed approvals, PAN-based business identifiers and amendments to the Punjab Right to Business Act for time-bound clearances.More than Rs 1.4 lakh crore of on-ground investments have already been facilitated, the chief minister said.He said partnership between government and industry is key to success and the state government firmly believes that industrial growth can only be achieved when the two work as equal partners.Managing Director of Aran International Chodda Akash evinced interest in investing in the food processing sector, while eminent scholar Dr Lakhvinder Singh welcomed Punjab’s initiative to hold an investment roadshow in South Korea, particularly in defence and aerospace.Meenakshi Pawar, chairperson of the Punjabi Association in Korea, said the high-level visit from Punjab after a long interval would open new avenues for long-term cooperation.Earlier, Mann met Ambassador of India to the Republic of Korea Gourangalal Das and outlined Punjab’s vision to deepen economic and technological collaboration in sectors such as food processing, agri-tech, renewable energy, manufacturing, defence, aerospace and urban infrastructure.The chief minister highlighted Punjab’s evolving industrial ecosystem, progressive policies, and competitive advantages that position the state as a strategic gateway to North India.On Monday, the Punjab delegation will hold meetings with major Korean firms including Daewoo E and C, GS E and C and Nongshim to explore opportunities in construction engineering, infrastructure and advanced food processing. Mann will later attend a roundtable on ease of doing business in Punjab with legal firms, investors and business associations.The chief minister is leading a delegation to Japan and South Korea as part of the state government’s outreach ahead of the 6th Progressive Punjab Investors’ Summit to be held in Mohali from March 13-15, 2026.

Go to Source

Hot this week

Zelenskyy rules out territorial concessions as he seeks stronger European backing

After concluding his meeting in London with UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz, Zelenskyy is headed to Brussels to meet Nato officials Go to Source Read More

‘Yellow line’ dividing Gaza in Trump’s peace plan is Israel’s ‘new border’, says IDF chief

The chief of the general staff, Eyal Zamir, told soldiers deployed in Gaza that Israel would continue holding its military positions, meaning that it would have control of more than half of the region Go to Source Read More

Civil aviation minister vows ‘very, very strict action’ against IndiGO

NEW DELHI: Under fire for its handling of the IndiGo crisis, govt said on Monday it would set an “example” for other airlines with “very, very strict action” against the budget carrier once the probe into the m Read More

Taylor’s ‘The Eras Tour’ anniversary: look back at the highlights

Introducing one of the highest-grossing tours that stirred the lyrical winds, gave a feeling of escapism to thousands of fans at once, shared traditions and love all along – Taylor Swift’s ‘The Eras Tour. Read More

‘Tere Ishk Mein’ crosses Rs 100 crore mark in India

Dhanush and Kriti Sanon’s romantic drama ‘Tere Ishk Mein’ has completed 11 days in cinemas, and the film has now reached a major milestone. Read More

Topics

Zelenskyy rules out territorial concessions as he seeks stronger European backing

After concluding his meeting in London with UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz, Zelenskyy is headed to Brussels to meet Nato officials Go to Source Read More

‘Yellow line’ dividing Gaza in Trump’s peace plan is Israel’s ‘new border’, says IDF chief

The chief of the general staff, Eyal Zamir, told soldiers deployed in Gaza that Israel would continue holding its military positions, meaning that it would have control of more than half of the region Go to Source Read More

Civil aviation minister vows ‘very, very strict action’ against IndiGO

NEW DELHI: Under fire for its handling of the IndiGo crisis, govt said on Monday it would set an “example” for other airlines with “very, very strict action” against the budget carrier once the probe into the m Read More

Taylor’s ‘The Eras Tour’ anniversary: look back at the highlights

Introducing one of the highest-grossing tours that stirred the lyrical winds, gave a feeling of escapism to thousands of fans at once, shared traditions and love all along – Taylor Swift’s ‘The Eras Tour. Read More

‘Tere Ishk Mein’ crosses Rs 100 crore mark in India

Dhanush and Kriti Sanon’s romantic drama ‘Tere Ishk Mein’ has completed 11 days in cinemas, and the film has now reached a major milestone. Read More

Supreme Court allows SC certificate for girl based on caste of mom, not non-SC dad

NEW DELHI: In a rare decision aimed at facilitating the education of a minor girl, Supreme Court on Monday approved issuance of an SC certificate based on the ‘Adi Dravida’ caste of her mother, who is married to a non-SC p Read More

When a ‘tired’ Magnus Carlsen faced off against a former Norwegian champion in an unusual game full of twists and turns

Magnus Carlsen faced off against former Norwegian national champion Frode Elsness in the opening round of the the 2025-26 Norwegian Team League in Oslo. Read More

Govt may give 5% of IndiGo flight share to other airlines

Amidst ongoing flight disruptions, the government is weighing the option of cutting IndiGo’s flight schedule by 5%, with plans to redistribute these time slots to other carriers. Read More

Related Articles