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4mo ago

Punjab CM Mann Wraps Seoul Outreach as Daewoo E&C Signals India Expansion

The visit showcased Punjab's single-window reforms as the core pitch to Korean investors.

Punjab CM Bhagwant Mann speaks during the Punjab investment roadshow, in Seoul on Tuesday. (@BhagwantMann X)
CM Bhagwant Mann said Punjabis in Seoul should help the state attract investments by becoming its brand ambassadors. (HT)
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Punjab Chief Minister Bhagwant Mann interacts with members of the Punjabi community in Seoul during his South Korea visit.

Overview

  • Bhagwant Mann concluded high-level meetings in Seoul with Daewoo E&C, GS E&C, Nongshim, the Korea Defense Industry Association and the Seoul Business Agency.
  • Daewoo E&C chair Jung Won-ju voiced strong interest in expanding in India and discussed potential collaboration in smart-city projects, urban housing, civil infrastructure and green energy.
  • Punjab highlighted FastTrack single-window services covering 173 approvals, auto-deemed clearances, PAN-based business IDs and changes to the Right to Business Act, citing over ₹1.4 lakh crore in on-ground investments facilitated.
  • Talks with GS E&C, Nongshim, KDIA and SBA spanned renewable energy, modular construction, defence manufacturing, startup support and advanced food processing.
  • Mann urged the Punjabi diaspora in Seoul to serve as brand ambassadors for investment as the state plans follow-up roadshows ahead of the March 13–15, 2026 Progressive Punjab Investors' Summit.