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Home Market Research Business

Commerce Minister Piyush Goyal drives investment reforms on Singapore visit

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 2 mins read
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Commerce Minister Piyush Goyal drives investment reforms on Singapore visit
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New Delhi: India and Singapore have discussed strengthening trade and investment linkages, enhancing cooperation in innovation and digital connectivity, and exploring new opportunities in sustainable development.

The issues were taken up during Commerce and Industry Minister Piyush Goyal’s three-day official visit to Singapore, where he met businesses and leaders to discuss ways to boost bilateral trade and investment between the two countries, the government said on Friday.

“The visit highlighted India’s strong growth trajectory, commitment to investment-led reforms, and the vast opportunities available for global partners across manufacturing, infrastructure, financial services, and the green economy,” the Commerce and Industry Ministry said in a statement.Goyal called on the Prime Minister of Singapore, Lawrence Wong, and discussed ways to strengthen trade and investment linkages, cooperation in innovation and digital connectivity, and exploring new opportunities in sustainable development.

In his bilateral meeting with Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, the discussions centred on further deepening industrial and trade cooperation.

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As per the statement, at the meeting with SIA Engineering Company, discussions focused on India’s fast-growing Maintenance, Repair and Overhaul (MRO) sector and the need to fast-track the India-Singapore Skilling Centre for MRO professionals in collaboration with Indian universities.The two sides agreed to deepen cooperation in manufacturing, infrastructure, the green transition, the digital economy, and financial investments.

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