After PM Modi’s recent visit, India has secured investments worth Rs 5 lakh crores from the Singapore companies in the next few years. This significant investment is expected to boost various sectors in India, reinforcing economic ties between the two nations.
During his visit, PM Modi engaged in discussions with top business leaders and CEOs from Singapore.
Interacted with top business leaders and CEOs in Singapore. We talked about ways to deepen economic linkages. I highlighted the reforms underway in India, which will encourage investment and innovation. pic.twitter.com/3xkFllIJyw
— Narendra Modi (@narendramodi) September 5, 2024
Prime Minister Modi highlighted the country’s progress in making its business environment more favorable through reforms focused on ease of doing business, political stability, and policy predictability. The Prime Minister also underscored the economic potential India holds, inviting Singaporean investors to explore opportunities in key sectors such as aviation, energy, and skill development.
PM Modi also pointed out the transformative progress India has achieved over the past decade, stating that the country is poised to continue on this trajectory, further solidifying its position as a global investment hub.
#WATCH | During the Business Leaders’ summit in Singapore, PM Modi says, “We are going forward with predictable and progressive policies…There is political stability in India. We are moving ahead aggressively in the area of semiconductors. We are going to make a whole ecosystem… pic.twitter.com/9mNVa5w5RE
— NewsMobile (@NewsMobileIndia) September 5, 2024
TOP UPDATES
- Prime Minister Modi met his Singapore counterpart Lawrence Wong on Thursday and discussed ways to boost bilateral ties.
- Four MoUs have been signed between India and Singapore on semiconductor cooperation in the presence of PM Modi and Singapore PM Lawrence Wong. PM Modi is in Singapore on a two-day visit at the invitation of Wong.
#WATCH | Several MoUs signed between India and Singapore in the fields of Digital Technologies, Health and Medicine, Educational Cooperation & Skills Development and India-Singapore Semiconductor Ecosystem Partnership in the presence of Prime Minister Narendra Modi and Singapore… pic.twitter.com/mowXSLxzaB
— ANI (@ANI) September 5, 2024
- Ahead of the talks with Wong, PM Modi received a ceremonial welcome at the Singapore Parliament House. He also signed the visitor’s book there.
- Upon his arrival, PM Modi had expressed his anticipation for a series of meetings focused on enhancing the longstanding friendship between the two nations and deepening cultural connections.
Landed in Singapore. Looking forward to the various meetings aimed at boosting the India-Singapore friendship. India’s reforms and the talent of our Yuva Shakti makes our nation an ideal investment destination. We also look forward to closer cultural ties. pic.twitter.com/SG2IttCKEg
— Narendra Modi (@narendramodi) September 4, 2024
- PM Modi met his Singaporean counterpart Lawrence Wong.
- As he landed at the airport, PM Modi was greeted with a warm and enthusiastic reception from the Indian community in Singapore. The Prime Minister took a moment to interact with the gathered crowd, signing autographs and exchanging pleasantries.
- The warm reception continued as PM Modi arrived at his hotel, where he was greeted with traditional Indian hospitality.
Thank you Singapore! The welcome was truly vibrant. pic.twitter.com/pd0My1x17l
— Narendra Modi (@narendramodi) September 4, 2024
- Earlier, PM Modi met Brunei’s Sultan, Hassanal Bolkiah on day 2 of his visit. Bolkiah is the second-longest ruling monarch in the world after the late Queen Elizabeth II. With an estimated net worth of around $30 billion, he was once the world’s richest person.
- PM Modi held bilateral talks with Sultan of Brunei at the Istana Nurul Iman, Sultan’s official residence in capital Bandar Seri Begawan.
- “Delighted to meet His Majesty Sultan Haji Hassanal Bolkiah. Our talks were wide ranging and included ways to further cement bilateral ties between our nations. We are going to further expand trade ties, commercial linkages and people-to-people exchanges,” said PM Modi said in a post on X while sharing glimpses from his meeting.
- PM Modi and the Brunei Sultan had met earlier in November 2014, for the first time on the sidelines of 25th ASEAN Summit at Nay Pyi Taw and for the second time during the 2017 East Asia Summit held in Manila.
- On Tuesday evening, Prime Minister Modi visited Brunei’s iconic Omar Ali Saifuddien Mosque in Bandar Seri Begawan. It was built by Omar Ali Saifuddien III, the 28th Sultan of Brunei and father of the incumbent Sultan.
- Members of the Indian community also greeted PM Modi who were present at the mosque.
- The prime minister was then hosted by the Sultan for a banquet lunch at Istana Nurul Iman Palace. Mango saffron peda and motichoor laddoo were among the few dishes served to PM Modi for lunch.
