Mahindra's Pawan Goenka to promote foreign investment in Korea

Dr Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd, was appointed the Honorary Ambassador of Foreign Investment Promotion for Korea at a special ceremony which was held in Mumbai. He was conferred with this title in the presence of several senior dignitaries and officials. As an Honorary Ambassador, Dr Goenka will promote economic ties between India and Korea and advise corporate India on potential investment opportunities in South Korea.

The appointment comes on the back of the just concluded Korea – India CEO Forum in Seoul which was attended by the Indian Prime Minister, Narendra Modi and Korean President, Ms. Park Geun-hye. Dr. Goenka represented Mahindra as well as the South Korean auto company, SsangYong Motor Co Ltd. where he is the Chairman of the Board. The Korea – India CEO Forum was co-hosted by the Ministry of Trade, Industry and Energy, Korean Chamber of Commerce and Industry, Korea Trade-Investment Promotion Agency and Indian Chamber of Commerce in Korea.

Commenting on his appointment, Dr. Goneka said, “It is an honour for me to be appointed the Honorary Ambassador of Foreign Investment Promotion for Korea. Both countries have a remarkable history of ties and a strong bilateral trade relationship which contributes significantly to the economy of the two countries. I hope to utilise this platform to encourage closer economic ties between our two nations and promote Indian investment in South Korea.”.

Mr Y.C. Kim, Director General of KOTRA Mumbai said, “Dr Pawan Goenka is quite knowledgeable about Korea and we are confident that Indian investment to Korea will see a quantum jump during his tenure as the Honorary Ambassador”.

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