Piyush Goyal Pushes FDI and Green Growth in Singapore Visit
Union Minister Piyush Goyal’s three-day Singapore visit cements bilateral trade, green economy, and digital cooperation.
- Piyush Goyal meets Singapore leadership to boost trade and investment
- Business Roundtable showcases India’s FDI opportunities in manufacturing
- CapitaLand eyes renewable energy solutions for data centres in Maharashtra
- Royal Golden Eagle discusses sustainable forestry and pulp operations in India
- GIC and Temasek plan larger India-focused investment portfolios
GG News Bureau
New Delhi, 3rd Oct: Union Commerce and Industry Minister Piyush Goyal concluded a three-day official visit to Singapore aimed at strengthening strategic and economic relations between the two nations. The visit underscored India’s growth trajectory, pro-investment reforms, and expanding opportunities in manufacturing, infrastructure, financial services, and the green economy.
During his meetings, Goyal called on Singapore Prime Minister Lawrence Wong, where discussions focused on trade, innovation, digital connectivity, and sustainable development. He also met Foreign Minister Dr. Vivian Balakrishnan to reaffirm regional strategic alignment, and Deputy Prime Minister and Trade Minister Gan Kim Yong to explore deeper industrial and trade cooperation.
A key highlight was the Business Roundtable on FDI in manufacturing, attended by top global chambers including AmCham, EuroCham, and the German Chamber of Industry & Commerce. Goyal emphasized India’s robust growth, investor-friendly policies, and vision of becoming a global manufacturing hub.
On the business front, Goyal engaged with leading Singaporean corporates and investors. At SIA Engineering Company, talks centered on India’s growing MRO sector and the India–Singapore Skilling Centre for professionals. CapitaLand expressed interest in renewable energy solutions for data centres in Maharashtra, industrial parks, and worker housing. Royal Golden Eagle discussed sustainable forestry practices alongside its Indian operations. Meetings with GIC’s Bryan Yeo and Temasek’s Dilhan Pillay focused on scaling up investments in infrastructure, hospitality, renewable energy, and urban development.
The visit reaffirmed the strong partnership between India and Singapore, with both sides committing to enhanced cooperation in trade, manufacturing, green transition, digital economy, and financial investments.
