Meanwhile, the Singapore firms dedicated an funding of over Rs 5 lakh crore (round $60 billlion) over the subsequent few years in India.
“PM Modi attended a business roundtable co-hosted by DPM Gan Kim Yong. All 18 key captains of business praised Modi 3.0 and pledged to double their investments in India in the next 3 years. A big endorsement for the Indian growth story,” excessive commissioner Simon Wong mentioned in a put up on X.
PM Modi additionally introduced the establishing of “Invest India” workplace in Singapore to facilitate the business ties between two nations.
“To further facilitate their collaboration with India, Prime Minister announced the setting up of an INVEST INDIA office in Singapore. He further added that the elevation of India-Singapore ties to a Comprehensive Strategic Partnership would give a major thrust to bilateral economic relations,” a authorities press launch mentioned.
Talking in regards to the aviation sector, PM Modi mentioned, “If there is any fastest growing aviation market in the world, it is in India…the entire sky open.”
PM Modi concluded his two-nation go to to Brunei and Singapore on Thursday and departed for India.