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Prime Minister Narendra Modi's visit to Singapore was marked by a compelling call to action for leading CEOs to bolster their investments in India. Modi, during a roundtable meeting with prominent business figures, painted a vibrant picture of India's economic landscape, emphasizing its potential for growth and profitability. He underscored that India's robust growth trajectory offers an exceptional platform for international businesses to expand their operations and reap substantial rewards.
Modi's message was strategically aimed at highlighting the diverse opportunities available in India across various sectors. He pointed to the nation's ongoing development phase, emphasizing the attractive investment potential in areas such as renewable energy, advanced manufacturing, and the burgeoning technology sector. His government, he assured, was fully committed to providing consistent support to companies looking to establish a presence in India, creating a favorable environment for business success.
Modi's appeal resonated with the CEOs present, particularly those representing companies already engaged in the Indian market. He highlighted the strategic partnership between India and Singapore, emphasizing the significant growth in bilateral trade and investment over the past decade. This strong foundation, he asserted, serves as a testament to the mutual benefits derived from collaborative ventures between the two nations. The prime minister also emphasized the existing strong ties between the two countries, including the launch of the UPI Person-to-Person payment facility, a testament to the growing economic integration.
Modi's visit transcended the realm of economic collaboration. He celebrated the deep cultural connections between India and Singapore, citing the significant Indian diaspora residing in the city-state. He also expressed gratitude for Singapore's recognition and appreciation of historical figures like Subhash Chandra Bose and the Azad Hind Fauj. His message underscored the profound cultural and historical ties that bind the two nations.
The meeting culminated with a call for joint action to celebrate the 60th anniversary of the India-Singapore relationship in 2025. Modi proposed the creation of a comprehensive action plan to commemorate this milestone, further strengthening the existing partnership. The planned inauguration of India's first Thiruvalluvar Cultural Centre in Singapore, dedicated to the revered Tamil sage and poet, further underscored the cultural exchange and shared heritage between the two nations.
Source: 'We will bring reform, you please perform': PM Modi calls top CEOs in Singapore to invest in India