Prime Minister Modi arrives in Delhi after wrapping up a three-day trip to Singapore and Brunei.
Prime Minister Modi arrived at the Delhi airport late Thursday night following a significant trip to Singapore and Brunei. During his trip, India and Singapore agreed and signed four vital Memoranda of Understanding (MOUs).
Prime Minister Modi, after wrapping up a three-day visit to Singapore and Brunei, returned to New Delhi on Thursday. He praised Singapore as a blueprint for developing countries and mentioned that India aspired to establish a number of its own versions of Singapore during his discussions with Prime Minister Lawrence Wong.
While in India, the relationship between India and Singapore was upgraded to a "comprehensive strategic partnership" and four memoranda of understanding were signed, one of which focused on collaboration in the semiconductor sector. Companies in the affluent city-state committed to investing roughly USD 60 billion in the upcoming years. "Head of the government Narendramodi and LawrenceWongST, Minister of Education, had fruitful discussions earlier today." They discussed methods to further enhance the partnership between India and Singapore in important areas such as technology, healthcare, trade, training, and more,” stated the prime minister's office in a social media update on X.
Afterwards, Modi convened a discussion with prominent business executives and chief executive officers in Singapore, during which he discussed strategies to strengthen economic connections. Showing off the changes happening in India, which will stimulate investment and creativity, Modi urged business leaders from Singapore to explore investment prospects in India in industries such as aviation, energy, and skill enhancement.
During the meeting with corporate executives, Singaporean businesses pledged to invest approximately $60 billion (more than Rs 5 lakh crore) in the coming years, according to officials. "Joint efforts have been recognized in fields like training, digital advancement, movement, high-tech manufacturing, chips and AI, health care, environmental consciousness, and online security," Modi stated in his discussion with Wong.
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