Dr. Pawan Goenka appointed Honorary Ambassador of Foreign Investment Promotion for Korea

Mumbai May 22, 2015: Dr Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd., was appointed 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 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 Indian Prime Minister, Shri 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.

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.5 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors,utility vehicles,information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics,real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times Boldness in Business’ Award in the Emerging Markets’ category in 2013.

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