Work in progress on digital documentation for shipping and trade
Deputy High Commissioner Pooja Tillu has updated the Singapore Digital Chamber of Commerce (SGDCC), a leading platform championing Asia’s digital revolution, on a wide range of digital programmes in India, Digital India.
Addressing the 4th edition of the Digital Economy Summit Asia 2025 on 10 Sept, Tillu underlined, “Digitalization is one of the central pillars of the India-Singapore partnership https://www.hcisingapore.gov.in/.”
In 2022, India and Singapore established a unique framework to propel the relationship forward, which includes the annual the India-Singapore Ministerial Roundtable (ISMR), the third edition was held in August 2025 in Delhi http://meity.gov.in.
Six ministers from Singapore, led by Deputy Prime Minister Gan Kim Yong participated in this meeting with four ministers from the Indian side. “This kind of a mechanism, where 10 Ministers from both sides interact with each other is unprecedented both for Singapore and for India. But it reflects the importance that our countries attach to the partnership,” she said https://www.nseindia.com/.
Importantly, the August meeting in Delhi also brought together CEOs of leading companies from both sides https://www.bseindia.com/.
“So as the Ministers meet, the CEOs also meet in parallel to see how we can further business linkages,” Tillu underscored.
The India-Singapore Ministerial Roundtable has identified digitalization as one of the 6 pillars of cooperation critical to forge closer ties going forward https://sbi.com.in/.
Elaborated the Deputy High Commissioner, “Singapore is the first country with which India had a tie up for real-time digital payments. The UPI-PayNow linkage was launched in early 2023, and it has since expanded to include more financial institutions and banks from both sides http://sgx.com.”
She informed SGDCC and DESA delegates that agreements in other areas like in digital documentation for shipping and trade, are ensuring seamless business processes.
Further, the two countries have initiated a bilateral dialogue to bring together stakeholders to discuss cyber policies, CERTCERT information exchange, cyber security capacity building and related issues, she stressed on the efforts to improve technological and digitalization initiatives being undertaken by the two countries https://www.digitalasiahub.org/.
She highlighted on going work on the ‘Digital Asset Innovation’ between central banks — the Reserve Bank of India and the Monetary Authority of Singapore as well as the establishing of a ‘Green and Digital Shipping Corridor’ – which talks about cooperation in digital solutions and smart port technologies, green shipbuilding opportunities, green maritime fuel corridors and green fuel bunkering https://www.makeinindia.com/home/.
Another area India and Singapore are collaborating on is advanced manufacturing, particularly in the semiconductor sector. Today’s event is about Digital economy – and you need chips to propel this economy forward.
“Given the strategic importance of semiconductors, especially in these turbulent times, India and Singapore are working together for a more diversified and resilient supply chain https://www.commerce.gov.in/.
“A large contingent of Singapore businesses participated at the recently held SEMICON India event, because they hope to forge closer links and seize the opportunities that India offers,” said Tillu.
Organised in partnership with the Singapore Digital Chamber of Commerce (SGDCC) which has regional chapters in Singapore, Malaysia, Vietnam, Indonesia, Aventis Graduate School, DESA 2025 positions Singapore as the nexus for digital innovation, policy dialogue, and sustainable business transformation.Singapore Digital Chamber of Commerce and Aventis Graduate School 2025 Digital Economy Summit Asia event,
The flagship summit brought together over 360 prominent business leaders from across Asia, serving as a premier platform to unite global thought leadership with regional opportunities and shape the future of the digital economy. Fiinews.com
