Union Minister Piyush Goyal Highlights Need to Strengthen India-Singapore Trade & Investment Ties

Commerce and Industry Minister Piyush Goyal today emphasized the need to further strengthen India-Singapore trade and investment ties for a more balanced, inclusive, and future-ready economic partnership. He made this remark while delivering the keynote address alongside Singapore’s Minister of State for Foreign Affairs and Trade and Industry, Gan Siow Huang, at the India-Singapore @60: Partnership for Growth and Engagement business session held in Singapore.
 
 
Mr. Goyal highlighted greater collaboration and B2B opportunities between the businesses of both countries. He commended the transformative progress achieved over the last six decades of diplomatic relations and the promising prospects for deeper bilateral engagement, based on trust and mutual respect. He also highlighted the extensive cooperation across a wide range of areas, particularly in sustainability, digitalization, skills development, healthcare, advanced manufacturing, and connectivity.
 
 
On the occasion, Singapore’s Foreign Affairs and Trade and Industry Minister Ms Huang reaffirmed the close and longstanding relationship between the two nations underpinned by strong economic and people-to-people ties. She provided actionable insights into Singapore’s vision for strengthening trade, investment, and innovation-driven collaboration with India.
 
 
Marking the 60th anniversary of diplomatic relations between India and Singapore, the event was co-organized by FICCI, CII, and ASSOCHAM. The session witnessed the participation of senior government functionaries, industry leaders, and representatives from both India and Singapore.
 
 
On the sidelines of the roundtable, Mr Goyal also held bilateral meetings with leading global investors and CEOs to explore avenues for further cooperation.