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Punjab CM Rallies Seoul Diaspora to Court Korean Investment Ahead of 2026 Summit

He highlighted a single-window regime with auto approvals, citing ₹1.4 lakh crore already invested.

Overview

  • Chief Minister Bhagwant Mann urged Punjabis in Seoul to act as brand ambassadors and encourage South Korean companies to invest in Punjab.
  • Mann showcased reforms including a single-window system covering 173 services, auto-deemed approvals, PAN-based business identifiers and changes to the Right to Business Act for time-bound clearances.
  • The delegation is slated to meet Daewoo E&C, GS E&C and Nongshim to explore opportunities in construction engineering, infrastructure and advanced food processing.
  • Mann met India’s Ambassador to South Korea, Gourangalal Das, outlining plans to deepen collaboration in food processing, agri-tech, renewable energy, manufacturing, defence, aerospace and urban infrastructure.
  • Event participants reported interest from business representatives, including Aran International’s Akash Chodda in food processing, while scholar Lakhvinder Singh endorsed an investment roadshow focused on defence and aerospace.