Singapore and India deepen cooperation on trade, tech, skills dev’t

Six business leaders from Singapore also discussed ideas for potential partnerships.

Singapore and India have signalled deeper cooperation in a range of areas, including formation of regulatory sandboxes, and interest from Singaporean companies to develop sustainable industrial parks in India.

During the third India-Singapore Ministerial Roundtable (ISMR) on 13 August 2025, authorities from both countries reviewed their good progress since the last meeting in Singapore, said the Ministry of Foreign Affairs (MFA).

The two delegations also expressed support for deeper cooperation in a wide range of areas, particularly in sustainability, digitalisation, skills development, healthcare and medicine, advanced manufacturing, and connectivity.

They also discussed cooperation on skills training in semiconductors, maintenance, repair, and overhaul (MOR); India’s national centres of excellence; and interest from Singapore companies to develop sustainable industrial parks in India.

The two delegations also discussed collaboration on cross-border data flows and capital markets via regulator sandboxes.

Government officials representing Singapore in the roundtable include Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry;  K Shanmugam, Coordinating Minister for National Security and Minister for Home Affairs; Dr. Vivian Balakrishnan, Minister for Foreign Affairs; Josephine Teo, Minister for Digital Development and Information; Dr Tan See Leng, Minister for Manpower and Minister-in-charge of Energy, and Science and Technology; and Jeffrey Siow, Acting Minister for Transport and Senior Minister of State for Finance.

Six business leaders from Singapore joined their Indian peers to discuss ideas for potential partnership in areas such as digitalisation, industrial parks, skilling and infrastructure financing.

These include Gautam Banerjee, senior managing director and chairman of Blackstone Singapore, and Dilhan Pillay Sandrasegara, executive director and CEO at Temasek Holdings.

Also attending are Lim Chow Kat, CEO at GIC Private Limited; Goh Choon Phong, CEO at Singapore Airlines; Manohar Khiatani, senior executive director at CapitaLand Development; and Piyush Gupta, deputy chairman at Keppel Corporation.

Representing India are the Mahindra Group, Bharti Enterprises, National Investment and Infrastructure Fund, TVS Motor Company Ltd, Protean eGov Technologies, Bajaj Finance, Kotak Mahindra Bank Limited, Sorin Investment Fund, Jetline Group, and National Industrial Corridor Development Corporation.