Singapore to Announce $4.6B Investment in India
Singapore is set to unveil an investment plan in India worth $4.6 billion during the third India–Singapore Ministerial Roundtable (ISMR), ahead of an expected state visit by Prime Minister Lawrence Wong.
Focus Areas and Deals
About 10 memorandums of understanding are expected to be signed, covering advanced manufacturing, green energy, connectivity, skills training, digitalization, healthcare, and sustainability.
Strengthening Strategic Links
The announcement reflects deepening strategic ties between India and Singapore, formalized under the Comprehensive Strategic Partnership. Singapore has invested close to $159 billion in India over the past decade, with annual investments projected to rise from $15 billion to $20 billion.
Infrastructure and Technology Investment
In Maharashtra, Singapore’s CapitaLand Investment has committed ₹192 billion (about $2.19 billion) by 2030 for commercial real estate projects in Mumbai and Pune, including business parks, data centers, logistics hubs, and industrial parks.
Diplomatic Momentum
The ISMR brings together India’s key ministers in External Affairs, Finance, Commerce, and Railways & IT with a six-member Singapore delegation led by Deputy Prime Minister Gan Kim Yong. The discussions aim to advance bilateral cooperation in trade, investment, and emerging technologies.
