New Delhi, Oct 3 (NationPress) Union Minister of Commerce & Industry Piyush Goyal engaged in discussions with Singapore Prime Minister Lawrence Wong on enhancing trade and investment connections, boosting cooperation in innovation and digital connectivity, and identifying new avenues for sustainable development between India and Singapore, as stated in an official announcement.

Goyal expressed his enthusiasm via a post on X, stating, "Delighted to call on H.E. @LawrenceWongST, Prime Minister of Singapore. Our discussions reaffirmed our commitment to further fortifying our comprehensive strategic partnership, building on the significant momentum and vast potential for future growth."

Prime Minister Wong also shared, "Strengthening Ties with India. Met India's Commerce & Industry Minister @PiyushGoyal. We had a productive discussion on deepening our economic partnership, ranging from industrial park development to emerging technologies like AI."

Additionally, Goyal met with Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong. He stated, "Had a fruitful bilateral meeting with Gan Kim Yong, Deputy Prime Minister & Minister for Trade & Industry, Singapore. There are enormous opportunities for our nations to collaborate across various sectors such as advanced manufacturing, skilling, infrastructure, and digital connectivity. I look forward to leveraging these opportunities, strengthening investment ties, and deepening the India-Singapore partnership."

During Goyal's bilateral meeting with Gan, they thoroughly discussed enhancing industrial and trade cooperation between the two nations.

The Indian minister is currently on a three-day official visit to Singapore aimed at further reinforcing bilateral economic and trade relations.

In another engagement, Goyal met with Minister for Foreign Affairs Vivian Balakrishnan, where both parties reaffirmed their strategic trust and alignment on regional and global economic priorities.

This visit underscored India's robust growth trajectory, its commitment to investment-led reforms, and the vast opportunities available for global partners in sectors such as manufacturing, infrastructure, financial services, and the green economy.

A key highlight of the visit was the Business Roundtable on Foreign Direct Investment in the manufacturing sector, attended by influential decision-makers from AmCham, EuroCham, the German Chamber of Industry & Commerce, and other business leaders.

In his keynote address, Goyal emphasized India's strong economic growth, pro-investment policies, and strategic initiatives designed to enhance its status as a global manufacturing hub.

Furthermore, he conducted strategic business meetings with prominent corporations from Singapore and institutional investors.

At SIA Engineering Company (SIAEC), discussions were centered around India's rapidly expanding Maintenance, Repair & Overhaul (MRO) sector and the necessity to expedite the India–Singapore Skilling Centre for MRO professionals in collaboration with Indian universities. Capital Land Investment expressed its commitment to expanding renewable energy solutions for data centres in Maharashtra, while also exploring prospects in industrial parks, worker housing models, and potential entry into credit financing.

Royal Golden Eagle (RGE) provided updates on its tissue and pulp operations in India, discussed operational challenges, and showed interest in knowledge exchange concerning sustainable forestry and reforestation practices. Additionally, the Indian minister met with CEO-Designate of GIC, Bryan Yeo, and the CEO of Temasek, Dilhan Pillay, focusing on scaling India-focused portfolios across infrastructure, hospitality, renewable energy, financial services, and urban development.

This visit reaffirmed the solid and expanding strategic and economic partnership between India and Singapore, with both sides agreeing to deepen collaboration in manufacturing, infrastructure, the green transition, the digital economy, and financial investments, as concluded in the statement.