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Key Points

Commerce Minister Piyush Goyal is actively promoting India's investment landscape during his Singapore visit. He emphasized tremendous opportunities across multiple economic sectors during business sessions and bilateral meetings. The minister highlighted India's robust economic growth and pro-investment policies to key Singapore business leaders. His engagement aims to strengthen trade, investment, and technological collaboration between the two nations.

Key Points: Piyush Goyal Reveals India's Investment Potential to Singapore Partners

  • India and Singapore exploring deeper economic collaboration
  • Renewable energy and green hydrogen emerge as key investment areas
  • Bilateral trade ties get strategic boost during ministerial visit
  • Manufacturing and infrastructure sectors show significant growth potential
2 min read

India offers tremendous opportunities, Piyush Goyal tells Singapore-based investors

Commerce Minister Piyush Goyal highlights massive investment opportunities across sectors during Singapore business engagement at India-Singapore@60 event

"I would urge each one of you to look at the scale of opportunity that India offers - Piyush Goyal, Commerce Minister"

New Delhi, Oct 4

Commerce and Industry Minister Piyush Goyal on Saturday said that India offers tremendous opportunities across the spectrum for Singapore-based investors.

Addressing the 'India-Singapore@60: Partnership for Growth and Innovation' Business Session in Singapore, alongside Gan Siow Huang, Minister of State for Foreign Affairs and Trade and Industry, he said highlighted greater collaboration and B2B opportunities between the businesses.

Goyal also emphasised further strengthening India-Singapore trade and investment ties for a more balanced, inclusive and future-ready economic partnership.

"We are looking at working together, fast-tracking various initiatives that the India Singapore Business Roundtable initiated," the minister told the gathering.

"I would urge each one of you to look at the scale of opportunity that India offers," Goyal added, citing rapid economic development in the country.

Commerce Minister also held a meeting with Kim Yin Wong, Group President and CEO of Sembcorp, and "discussed India's remarkable achievements in renewable energy and ambitious aims, and explored avenues for collaboration in clean energy, green hydrogen, industrial parks and skill development".

Earlier on Friday, Goyal held a discussion with Singapore Prime Minister Lawrence Wong on strengthening trade and investment linkages, enhancing cooperation in innovation and digital connectivity, and exploring new opportunities in sustainable development between India and Singapore, according to an official statement.

The Indian minister is on a three-day official visit to Singapore to further strengthen bilateral economic and trade relations between the two countries. The visit highlights India's strong growth trajectory, commitment to investment-led reforms, and the vast opportunities available for global partners across manufacturing, infrastructure, financial services, and the green economy.

A major highlight of the visit was the Business Roundtable on Foreign Direct Investment in the Manufacturing Sector, which was attended by key decision-makers from AmCham, EuroCham, the German Chamber of Industry & Commerce, and other business leaders. Delivering the keynote address, Goyal underscored India's robust economic growth, pro-investment policies, and strategic initiatives aimed at strengthening its position as a global manufacturing hub.

In addition to these leadership engagements, he also held strategic business meetings with leading corporates of Singapore and institutional investors.

- IANS

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Reader Comments

R
Rohit P
Good to see our ministers actively promoting India as an investment destination. The manufacturing sector needs this boost. But I hope these partnerships actually create jobs for our youth and not just benefit big corporations.
A
Arjun K
Singapore investors bring much-needed expertise in infrastructure and urban planning. Their experience can help our smart cities mission. Win-win situation for both countries! 🚀
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Sarah B
As someone working in the renewable energy sector, I'm thrilled to see the focus on clean energy collaboration. India has massive potential in solar and wind energy. Hope this leads to technology transfer and skill development programs.
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Vikram M
While I appreciate the government's efforts, I hope they also address the ground-level challenges that foreign investors face - bureaucratic delays, inconsistent policies across states, and infrastructure gaps. These need fixing first.
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Kavya N
The India-Singapore partnership has always been strong. With our demographic dividend and their financial expertise, we can create something remarkable. Exciting times ahead for Make in India! 🇮🇳🤝🇸🇬

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