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Sitharaman Meets Singapore Leaders, Investors During Three-Day Visit

Nirmala Sitharaman to meet Singapore leaders, global investors on three-day visit · livemint.com

India’s finance minister, Nirmala Sitharaman, is going to Singapore for three days.

She plans to meet the country’s leaders and people who manage major investment funds and businesses.

They will discuss ways for India and Singapore to work together.

Topics include trade, investment, digital finance, semiconductors and worker training.

She will also meet executives from several banks and investment companies.

India hopes to attract more investment from Singapore.

The finance ministry says Singapore has been India’s largest source of foreign investment.

The visit is intended to turn the two countries’ partnership into more business and investment.

Key facts

Visit dates: 9–11 October; year not specified in the article.
FDI from Singapore: About $194.68 billion cumulatively from April 2000 to March 2026, according to the finance ministry.
Investment meeting: Sitharaman will hold a roundtable with hedge fund and portfolio fund managers.
Cooperation topics: Trade and investment, digital financial connectivity, capital markets, taxation, semiconductors, advanced manufacturing, skilling and aviation.
Investment platforms: The government aims to use the National Investment and Infrastructure Fund (NIIF) and GIFT City to attract Singaporean capital.
Trade relationship: Singapore is described as India’s largest trading partner in ASEAN.

livemint.com · 4 hrs ago