Union Minister Piyush Goyal met Singapore leaders including PM Lawrence Wong to discuss trade, investment, innovation, and green economy opportunities.

New Delhi: Union Minister of Commerce and Industry Piyush Goyal on Friday met Singapore Prime Minister Lawrence Wong to discuss ways to strengthen trade and investment linkages, enhance cooperation in innovation and digital connectivity, and explore new opportunities in sustainable development, according to an official statement.
“Delighted to meet H.E. @VivianBala, Minister for Foreign Affairs, Singapore, for a follow-up interaction after the India-Singapore Ministerial Roundtable in New Delhi. Had an engaging discussion on advancing cooperation in trade and investment for further deepening our robust, comprehensive strategic partnership.” Goyal posted on X.
Prime Minister Wong, in his post on X, wrote: “Strengthening Ties with India. Met India's Commerce & Industry Minister @PiyushGoyal. We had a good discussion on deepening our economic partnership from industrial park development to emerging tech like AI.”
Goyal also held talks with Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong. “Had a fruitful bilateral meeting with H.E. Mr Gan Kim Yong, Deputy Prime Minister & Minister for Trade & Industry, Singapore. There are immense avenues for our nations to collaborate across sectors such as advanced manufacturing, skilling, infrastructure, and digital connectivity, among others. Look forward to building on these opportunities, strengthening investment ties, and further deepening the India-Singapore partnership,” he said in another post.
The Indian minister also met Singapore’s Foreign Minister Vivian Balakrishnan, where both sides reaffirmed strategic trust and alignment on regional and global economic priorities.
Goyal’s three-day official 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.
A key highlight was the Business Roundtable on Foreign Direct Investment in the manufacturing sector, attended by senior representatives from AmCham, EuroCham, the German Chamber of Industry & Commerce and other business leaders. Delivering the keynote address, Goyal emphasised India’s robust economic growth, pro-investment policies and strategic initiatives aimed at strengthening its position as a global manufacturing hub.
During his visit, Goyal also engaged with leading Singapore corporates and institutional investors. At SIA Engineering Company, discussions focused on India’s fast-growing Maintenance, Repair and Overhaul (MRO) sector and plans to fast-track the India-Singapore Skilling Centre for MRO professionals in collaboration with Indian universities.
CapitaLand Investment reaffirmed its commitment to expand renewable energy solutions for data centres in Maharashtra, while exploring opportunities in industrial parks, worker housing models and credit financing. Royal Golden Eagle (RGE) shared updates on its tissue and pulp operations in India, discussed operational challenges, and expressed interest in knowledge exchange on sustainable forestry and reforestation.
Goyal also held meetings with GIC Chief Investment Officer-designate Bryan Yeo and Temasek CEO Dilhan Pillay. Talks focused on scaling up India-focused portfolios across infrastructure, renewables, financial services and urban development.
The visit reaffirmed the strong and growing strategic and economic partnership between India and Singapore, with both sides agreeing to deepen cooperation in manufacturing, infrastructure, the green transition, the digital economy and financial investments, the statement added.
IANS
Published: 03 Oct 2025, 08:05 pm IST
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