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Key Points

Commerce Minister Piyush Goyal embarked on a strategic investment outreach in Singapore, meeting top global executives from TPG, Blackstone, Nomura, and other multinational firms. His meetings focused on showcasing India's tremendous investment potential across sectors like renewable energy, infrastructure, and technology. Goyal emphasized strengthening bilateral economic ties and creating mutually beneficial opportunities for global investors. The diplomatic engagement highlighted India's commitment to attracting international capital and fostering strategic partnerships.

Key Points: Piyush Goyal Unveils India's Investment Potential to Global Leaders

  • Goyal meets TPG's Jim Coulter to discuss cross-border investments
  • Explores collaboration with Blackstone in manufacturing infrastructure
  • Engages Nomura leadership on India-focused investment strategies
  • Discusses renewable energy and tech partnerships with global executives
2 min read

Piyush Goyal showcases India growth story to global investors in Singapore

Commerce Minister Piyush Goyal meets top global investors in Singapore, showcasing India's growth opportunities across sectors like renewable energy and infrastructure.

"India offers tremendous opportunities across the spectrum for Singapore-based investors - Piyush Goyal"

New Delhi, Oct 4

Showcasing vast avenues that India offers for global investors, Commerce and Industry Minister Piyush Goyal on Saturday met several global leaders in Singapore.

In a "productive" meeting with Jim Coulter, Executive Chairman of Texas Pacific Group (TPG), the minister discussed strengthening cross-border investments and unlocking new growth opportunities for both India and Singapore.

He also met Gautam Banerjee, Chairman, Blackstone Singapore, and discussed opportunities for long-term capital in manufacturing-linked infrastructure to further strengthen supply chains.

"Met a delegation led by Nags Sankaranarayanan, CEO of Nomura Asia Pacific Holdings. Discussed opportunities to boost India-focused investments and the vast avenues India offers for global investors," the minister posted on X social media platform.

Goyal also met Loh Chin Hua, CEO of Keppel, and discussed emerging opportunities in India across various areas, including waste-to-energy, infrastructure, data centres and digital connectivity.

In a meeting with Marcus Wallenberg, Chairman, Saab and Skandinaviska Enskilda Banken (SEB), along with Jean Salata, Chairperson, EQT Asia, and Jimmy Mahanti, Partner and Chairman of South and Southeast Asia for EQT Private Capital Asia, the minister discussed how to further deepen economic and strategic cooperation, particularly in areas such as advanced technologies, defence, and sustainable infrastructure, among others.

In another meeting with Kim Yin Wong, Group President and CEO of Sembcorp, Goyal showcased 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 in the day, Goyal 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 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.

- IANS

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Reader Comments

R
Rohit P
Great to see focus on renewable energy and green hydrogen. India should lead in sustainable development. Hope these meetings translate into actual projects on ground.
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Arjun K
Singapore has always been a reliable partner for India. The defence cooperation with Saab is particularly interesting - we need advanced technology to strengthen our security.
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Sarah B
While these high-level meetings are impressive, I hope the benefits reach small businesses and startups too. Sometimes foreign investment only helps big corporations.
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Vikram M
Manufacturing-linked infrastructure and supply chains - this is crucial for Make in India initiative. More investment means more factories and employment for our youth 💪
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Michael C
The waste-to-energy projects mentioned could solve two problems at once - waste management and energy production. Hope these discussions lead to quick implementation.
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Ananya R
Skill development partnership is much needed. Foreign investment should also focus on training our workforce for future-ready jobs. Good to see this being discussed.

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