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Economic driving efforts showing results, says Singapore Minister

Fiinews by Fiinews
January 7, 2018
in Investment, Manufacturing, Projects
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Asean India collaboration way forward

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The economic growth driving efforts in India are showing results, said Singapore’s Trade and Industry Minister, S. Iswaran at the opening of Asean-India Pravasi Bharatiya Divas in Singapore on 6 Jan 2018.

“We are seeing the results… of the efforts that are underway under the leadership of Prime Minister Narendra Modi,” he said at the two-day gathering.

The opportunity for collaboration partnership between India and Asean is self-recognized, he told some 3,000 delegates at the two-day gathering.

“Both regions have strong growths, coming out of relatively modest pace but anchored by fundamentals whether in terms of demographic or the evolution of the economies and the needs of the population.

“What we see is the opportunity for continue investment in growth in both regions,” he said.

India is one country where each state presents significant variations – in that it is an opportunity as much as it is a challenge, he elaborated.

“It means those who invest their time and efforts in developing deeper understanding of the (Indian) market and its nuances and variations are the ones for whom the awards will be greatest,” said Israwan.

He highlighted investment growing opportunities in the Indian infrastructure sector. fii-news.com

Tags: Pravasi Bharatiya Divas
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