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S'pore firms pledge to invest over Rs 5 lakh crore in India

The Daily Guardian

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September 06, 2024

Singaporean companies from diverse sectors committed an investment of over Rs 5 lakh crore (around USD 60 billion) in the next few years during a roundtable with Prime Minister Narendra Modi on Thursday.

S'pore firms pledge to invest over Rs 5 lakh crore in India

PM Modi interacted today with a group of leading Singaporean CEOs from diverse sectors, including investment funds, infrastructure, manufacturing, energy, sustainability, and logistics.

Deputy Prime Minister H.E. Gan Kim Yong and Minister for Home Affairs and Law K Shanmugam of Singapore participated in the event.

Appreciating their investment footprint in India, PM Modi acknowledged the role played by the Singaporean industry leaders in strengthening bilateral relations and promoting economic cooperation between India and Singapore.

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