Marking the 60th anniversary of diplomatic relations between India and Singapore, the business session titled “India-Singapore @60: Partnership for Growth & Engagement” was held in Singapore on Saturday. The event was co-organized by FICCI, CII, and ASSOCHAM, and witnessed wide participation from senior government officials, industry leaders, and business representatives from both nations.
Delivering the keynote address, Union Minister of Commerce and Industry Piyush Goyal commended the transformative progress achieved over six decades of strong bilateral relations and highlighted the promising opportunities for deeper engagement between the two nations. He underlined the scope for cooperation across key sectors such as sustainability, digitalisation, skills development, healthcare, advanced manufacturing, and connectivity, built on the foundation of trust and mutual respect.
Gan Siow Huang, Minister of State, Singapore Trade & Industry Ministry reaffirmed the close and enduring partnership between the two countries, underpinned by robust economic and people-to-people ties. She shared Singapore’s vision for strengthening collaboration with India in trade, investment, and innovation-led growth.
The session underscored the expanding economic partnership between India and Singapore, highlighting new opportunities for cooperation in technology, green energy, digital transformation, skills, industrial parks, and infrastructure financing.
A networking lunch followed the business session, fostering deeper engagement and paving the way for tangible business outcomes.
On the sidelines of the Roundtable, Minister Piyush Goyal held a series of bilateral meetings with leading global investors and CEOs to explore opportunities for collaboration.
* Wong Kim Yin, Group President & CEO, Sembcorp, discussed renewable energy transitions, green hydrogen potential, and skill development initiatives.
* Loh Chin Hua, CEO, Keppel Corporation, explored partnerships in real estate, waste-to-energy projects, and digital connectivity.
* Gautam Banerjee, Chairman, Blackstone Singapore, along with Amit Dixit and Arvind Krishna, held discussions on Blackstone’s expanding India portfolio.
* Jim Coulter, Chairman, Texas Pacific Group (TPG), reflected on investment prospects in India’s high-growth sectors.
* Marcus Wallenberg, Chairman, Skandinaviska Enskilda Banken and Saab AB, along with Jean Salata and Jimmy Mahanti of EQT Asia, discussed potential collaborations in finance, technology, and advanced industries.
* Manish Pant and Devinder Kishore from Schneider Electric reaffirmed the company’s strong commitment to India, highlighting areas of cooperation in energy efficiency, automation, and digital innovation.
A key highlight of the visit was Goyal’s meeting with Singapore President Tharman Shanmugaratnam at the Istana. The discussions reaffirmed the strategic and forward-looking partnership between India and Singapore, emphasizing shared values, economic resilience, and joint efforts in innovation and sustainability.
The visit concluded with an interactive session with the Indian business delegation, aligning investor expectations with policy priorities to deepen bilateral and regional cooperation.
According to the Commerce & Industry Ministry, the deliberations reaffirmed Singapore’s role as a trusted partner in India’s growth journey and India’s commitment to expanding collaboration in finance, energy transition, technology, and sustainable infrastructure.