India, Singapore Mark 60 Years of Strategic Economic Partnership

06 Oct 2025 CW Team

Shri Piyush Goyal, Union Minister of Commerce and Industry, delivered the keynote address, praising the transformative progress achieved over the past six decades and outlining the scope for deeper bilateral cooperation grounded in trust and mutual respect. He emphasised collaborative opportunities in sustainability, digitalisation, skills development, healthcare, advanced manufacturing, and connectivity.

Ms Gan Siow Huang, Minister of State, Ministry of Trade and Industry, Singapore, reaffirmed the nations’ strong economic and people-to-people bonds. She presented actionable insights on strengthening trade, investment, and innovation-led partnerships, reflecting Singapore’s long-term vision for collaboration with India.

The session witnessed participation from senior government officials, business leaders, and investors from both countries, highlighting new avenues of cooperation in technology, digital transformation, green energy, infrastructure finance, industrial parks, and skills enhancement. The event concluded with a networking lunch, promoting deeper engagement and paving the way for tangible business outcomes.

On the sidelines, bilateral meetings were held with global investors and corporate leaders to explore strategic partnerships:

Mr Wong Kim Yin, Group President & CEO, Sembcorp, discussed opportunities in renewable energy, green hydrogen, and skill development.
Mr Loh Chin Hua, CEO, Keppel Corporation, explored collaborations in real estate, waste-to-energy, and digital infrastructure.
Mr Gautam Banerjee and Mr Amit Dixit from Blackstone, alongside Mr Arvind Krishna, reviewed the firm’s expanding India portfolio.
Mr Jim Coulter, Chairman, Texas Pacific Group (TPG), discussed investments in India’s high-growth sectors.
Mr Marcus Wallenberg of Skandinaviska Enskilda Banken and Saab AB, along with Mr Jean Salata and Mr Jimmy Mahtani of EQT, focused on cooperation in finance, technology, and advanced manufacturing.
Mr Manish Pant and Mr Devinder Kishore of Schneider Electric reiterated their commitment to India through energy efficiency, automation, and digital solutions.

A key highlight of the three-day visit was a meeting with H.E. Tharman Shanmugaratnam, President of Singapore, at the Istana, where discussions reaffirmed the strategic partnership between India and Singapore, underpinned by shared values, innovation, and sustainable growth.

The engagements concluded with an interaction between Minister Goyal and the Indian business delegation, aligning investor priorities with India’s policy framework to facilitate broader cooperation across regional and global markets.

Officials noted that the discussions underscored Singapore’s position as a trusted partner in India’s economic journey and reaffirmed India’s commitment to deepening linkages in finance, energy transition, sustainable infrastructure, and technology-driven growth.

The “India–Singapore @60: Partnership for Growth & Engagement” business session was held on 4 October 2025 in Singapore, celebrating 60 years of diplomatic relations between the two nations. The event was co-organised by FICCI, CII, and ASSOCHAM, symbolising the enduring strength of bilateral ties and shared economic ambitions.Shri Piyush Goyal, Union Minister of Commerce and Industry, delivered the keynote address, praising the transformative progress achieved over the past six decades and outlining the scope for deeper bilateral cooperation grounded in trust and mutual respect. He emphasised collaborative opportunities in sustainability, digitalisation, skills development, healthcare, advanced manufacturing, and connectivity.Ms Gan Siow Huang, Minister of State, Ministry of Trade and Industry, Singapore, reaffirmed the nations’ strong economic and people-to-people bonds. She presented actionable insights on strengthening trade, investment, and innovation-led partnerships, reflecting Singapore’s long-term vision for collaboration with India.The session witnessed participation from senior government officials, business leaders, and investors from both countries, highlighting new avenues of cooperation in technology, digital transformation, green energy, infrastructure finance, industrial parks, and skills enhancement. The event concluded with a networking lunch, promoting deeper engagement and paving the way for tangible business outcomes.On the sidelines, bilateral meetings were held with global investors and corporate leaders to explore strategic partnerships:Mr Wong Kim Yin, Group President & CEO, Sembcorp, discussed opportunities in renewable energy, green hydrogen, and skill development.Mr Loh Chin Hua, CEO, Keppel Corporation, explored collaborations in real estate, waste-to-energy, and digital infrastructure.Mr Gautam Banerjee and Mr Amit Dixit from Blackstone, alongside Mr Arvind Krishna, reviewed the firm’s expanding India portfolio.Mr Jim Coulter, Chairman, Texas Pacific Group (TPG), discussed investments in India’s high-growth sectors.Mr Marcus Wallenberg of Skandinaviska Enskilda Banken and Saab AB, along with Mr Jean Salata and Mr Jimmy Mahtani of EQT, focused on cooperation in finance, technology, and advanced manufacturing.Mr Manish Pant and Mr Devinder Kishore of Schneider Electric reiterated their commitment to India through energy efficiency, automation, and digital solutions.A key highlight of the three-day visit was a meeting with H.E. Tharman Shanmugaratnam, President of Singapore, at the Istana, where discussions reaffirmed the strategic partnership between India and Singapore, underpinned by shared values, innovation, and sustainable growth.The engagements concluded with an interaction between Minister Goyal and the Indian business delegation, aligning investor priorities with India’s policy framework to facilitate broader cooperation across regional and global markets.Officials noted that the discussions underscored Singapore’s position as a trusted partner in India’s economic journey and reaffirmed India’s commitment to deepening linkages in finance, energy transition, sustainable infrastructure, and technology-driven growth.

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