Indian Economy News

India-Singapore @60: Partnership for Growth & Engagement

The ‘India-Singapore @60: Partnership for Growth & Engagement’ business session was held on October 4, 2025, in Singapore to celebrate 60 years of diplomatic ties between the two nations. The event, co-organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Confederation of Indian Industry (CII) and Associated Chambers of Commerce and Industry of India (ASSOCHAM), featured Union Minister of Commerce & Industry, Mr. Piyush Goyal, who in his keynote address lauded the remarkable progress of bilateral relations and underlined new opportunities for cooperation in sustainability, digitalisation, skills development, healthcare, advanced manufacturing and connectivity. Minister of State, Ministry of Trade & Industry, Republic of Singapore, Ms. Gan Siow Huang, reaffirmed the strong economic and people-to-people relations between both nations and emphasised Singapore’s vision to strengthen further trade, investment, and innovation-driven collaboration with India.
The session brought together senior government officials, business leaders, and investors from both countries, highlighting avenues of cooperation across technology, digital transformation, green energy, skills development, industrial parks, and infrastructure financing. Bilateral meetings on the sidelines explored sector-specific opportunities, including renewable energy and green hydrogen, real estate and digital connectivity, and private equity investments in India’s high-growth sectors with senior leaders from Blackstone, TPG, and EQT. Executives from Schneider Electric reaffirmed their long-term commitment to India through collaboration in energy efficiency, automation, and digitalisation. A key highlight of the visit was the meeting with the President of Singapore, Mr. H.E. Tharman Shanmugaratnam, which underscored the enduring strategic partnership and shared focus on sustainability and innovation. The engagement concluded with an interaction with the Indian business delegation, aligning investor expectations with policy priorities and reinforcing Singapore’s position as a trusted partner in India’s growth journey.

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