Union Minister Piyush Goyal on Thursday delivered the keynote address at India-Singapore CEO Forum and inviting businesses from both sides to bring in sparkle into India and Singapore's partnership, he said that "ours is a strong and productive partnership, which can be taken to higher levels."
The minister said that it is a partnership that will help us become Aatmrbhar and also give opportunities for us to expand our global footprint.
Union Minister of Railways; Commerce and Industry; Consumer Affairs and Food and Public Distribution Goyal urged businesses to look at ways how we can expand the engagement and encourage India's youth to use more innovative technologies. He said India and Singapore are working together in cyber security and disaster relief, and education and skill development can be taken up as pillars where we can work together and learn from Singapore's experience.
"E-Commerce, Fintech, smart manufacturing, healthcare are significant areas where India offers a large market. Our working together in these areas can truly transform India's own effort to give the best to our people," he said.
Goyal quoted Prime Minister Narendra Modi as saying: "Singapore is our spring board to the ASEAN region".
Goyal expressed the belief that the new regional order that will emerge, will rest on the strong shoulders of Singapore and India. He said that through budget 2021-22 and various other measures, Prime Minister has been trying to prepare the country to engage with the world from a position of strength, in the next decade. Similarly, the Singapore budget also this year has focused a lot on transformation and innovation. He expressed happiness that Singapore and the GIFT city which is our first operational smart city, have tied up with the Singapore exchange to boost international investment in India.
The minister said that he looks at expanding the Singapore-India ties resting on a greater degree of people-to-people engagement and that can rest on three B's: - Buddhism, Bollywood and Business.
Goyal added: "Our women entrepreneurs have done us proud, and the huge potential in this area can be expanded to improve India and Singapore's relationship."
( With inputs from ANI )
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