Thursday, July 31, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Investment: Singapore ventures into the Indian market through deep-pocket corporations

Fiinews by Fiinews
June 3, 2023
in Investment
Reading Time: 2 mins read
A A
0
FII/GS

Khattar on challenges of investing in India.

0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Investing in India is challenging, says Sat Pal Khattar

Singapore has for many years been one of the larger investors in India through Government-linked corporations which have deep pockets and can take a medium- to longer-term view, says the city state’s prominent businessman Sat Pal Khattar who was conferred Padma Shri in 2011 by the Indian Government.

But the majority of Singapore’s Chinese business feel more comfortable (doing business) in China, wrote Khattar in his memoir “Changing Destiny”, a 285-page book which as launched at a seminar on 1 June 2023 at the Institute of South Asian Studies, a think-tank of National University of Singapore.

Similarly, few Singapore Indian businesses have invested in China with the exception of large trading houses like the Tatas from India which has significant IT interests in China via its Singapore subsidiary, says the lawyer-cum entrepreneur/investor.

Khattar says that as chairman of Singapore’s First Capital Corp (FCC – and later renamed GuocoLand Ltd) he had made a number of property investments in China.

“I made many trips there (to China). However, my board of directors (Chinese origin) were more hands on than I was in dealing with these investments. They spoke the language and understood the nuances much better than I did,” he wrote in the book published by Angsana Books of Singapore.

He also points out that investing in India has always been challenging – and remains – challenging.

“One can never be sure how it would turn out. It is hard to say when an investment in private equity funds may be divested. In almost all cases we as investors hold minority positions,” wrote the 80-year-old Singaporean community leader.

“As minority stakeholders, we rely on the competence and, more important, the integrity of the Indian partners to manage the businesses.

“We are vulnerable should enforcement of legal obligation become necessary.”

Court actions in India are painstakingly tedious and lengthy, says Khattar who has founded one of the largest law firms in Singapore, Khattar Wong LLP, and has served on numerous public institutions such as the Public Service Commission and the Presidential Council of Minority Rights.

The Indian Government recognized Khattar with the Padma Shri for having made contributions to many India-Singapore relationships. Fiinews.com

Tags: ISAS
ShareTweetShare

Related Posts

Sidbi
Investment

Invest: 3 flagship funding schemes launched

by Fiinews
July 27, 2025
0
14

Minister updates Rajya Sabha on FFS, SISFS and CGSS The Government is implementing three flagship Schemes, namely, Fund of Funds...

Netrasemi
Investment

Netrasemi gets VC investments of ₹107 cr

by Fiinews
July 25, 2025
0
14

Invest: Netrasemi raised Rs.107cr from making chips Netrasemi, a startup supported under the government’s chip design scheme, has received Venture...

Adia

Invest: ADIA takes stake in expansion-mode Meril

July 22, 2025
19
SRM University-AP, Amaravati.

Invest: CM highlights green hydrogen prospects

July 22, 2025
22
QpiAI

Invest: NQM backs QpiAI in $32m Series A

July 18, 2025
15
Jupiter Wagons

Invest: Jupiter commits Rs.3,000cr to rail projects

July 15, 2025
23
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Saviynt goes regional from India
  • Market: Connext expands to East Asia
  • Market: Prodapt expands Alberta operations
  • Tech: AgentRise for shifting AI-native operations
  • Market: India-US partnership for AI-enable discovery

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.