06 September 2019
New Delhi: On completion of the Modi government's 100 days in its second term and Prime Minister Narendra Modi's vision to make India a five-trillion-dollar economy by 2024, the High Commission of India in Singapore is organising a two-day business summit in Singapore from Monday.
The objective of the business summit "India-Singapore: The Next Phase", being organised on Monday and Tuesday at the Marina Bay Sands Expo and Convention Centre in Singapore is aimed at setting the agenda and momentum for the next five years, said a statement from the High Commission.
The summit also aimed at expanding modernisation, access and inclusion.
"It will be a platform to project the government's strategic outlook and economic agenda; provide opportunities for investors, companies and startups in and operating out of Singapore to interact with policy makers as well as corporate and tech leaders from India; enhance our profile and presence in the Southeast Asia's regional hub; and, accelerate the momentum in India-Singapore economic partnership," it said.
Singapore is a key economic partner for India, the leading source of foreign investment, a major financial market for Indian companies, and a partner in areas of India's development priorities like urban development, skills and infrastructure, said the statement.
Singapore is also emerging as a major startup and innovation hub with growing links to India, it said, adding many global companies invest or manage their operations in India, through their regional headquarters in Singapore.
The summit will focus on core sectors, including financial, infrastructure, urban development, real estate, logistics, regional trade, water, agro-tech and food processing, and skills development.
In another conference called ‘InSpreneur 3.0', which is the third edition of the India-Singapore Innovation and start-up plat-form launched by the High Commission of India in January 2018, there will be focus on fintech, SMEs digital platforms, connecting start-ups in India and ASEAN, cyber security, artificial intelligence, future of data, Industry 4.0, and health and bio biotech.
So far over 3,700 people have registered for the event. About 90 speakers from government, business and technology sectors from India and Singapore will be speaking in 25 sessions. In addition, there is an expert round table on water.