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Goyal’s Singapore Visit Reaffirms IndiaSingapore Partnership, Rallies Investors for Sectoral Push

High-level backing met targeted investor outreach to push sectoral projects toward execution.

Overview

  • Commerce Minister Piyush Goyal met Prime Minister Lawrence Wong, with both leaders saying talks reaffirmed their commitment to deepen the Comprehensive Strategic Partnership, spanning industrial parks to emerging tech like AI.
  • Goyal also met Deputy Prime Minister Gan Kim Yong and Foreign Minister Vivian Balakrishnan to advance industrial and trade cooperation and to reinforce alignment on regional economic priorities.
  • At an FDI manufacturing roundtable and the IndiaSingapore@60 investor event, he highlighted India’s growth, investment-led reforms and manufacturing ambitions while urging Singapore-based capital to move on current opportunities.
  • Talks with SIA Engineering Company focused on India’s expanding MRO market and on fast-tracking an IndiaSingapore skilling centre for MRO professionals in collaboration with Indian universities.
  • CapitaLand conveyed a commitment to expand renewable energy for data centres in Maharashtra and to explore industrial parks, worker housing and credit, while meetings with Temasek and GIC discussed scaling India-focused portfolios in infrastructure, renewables and urban development.