Singapore India Partnership: Singapore is forging a new path in its relationship with India as it explores semiconductor manufacturing and ecosystem development initiatives, President Tharman Shanmugaratnam said during his official visit on Thursday. The partnership spans technological advancements and sustainable industries, underpinned by a deep-rooted bilateral relationship spanning 60 years. Speaking about Singapore’s prime position as India’s biggest investor, he asserted that this relationship is deeply engaged in mutual partnering in industries of advanced manufacturing, renewable energy, and digital innovation. “It is a natural alliance between a small nation â Singapore â and an immense nation â India,” said he while presenting during the function in Rashtrapati Bhavan.
Focus on Semiconductor Ecosystem
In a bid to further buttress India’s semiconductor ambitions, Singapore hopes to supplement the efforts of building an ecosystem for chip manufacturing, of course, by leveraging India’s natural resources and talent pool in states such as Odisha and Assam, Shanmugaratnam said.
“India has high ambitions for its eastern states, with huge opportunities in logistics, connectivity, and petrochemicals. Both these regions are blessed with natural advantages that can fuel growth”, Shanmugaratnam said.
Digital Cooperation and Data Corridor
President Shanmugaratnam also unveiled plans for a data corridor between India’s GIFT City and Singapore, to ensure safe and trusted data exchange for financial institutions. This initiative is part of broader digital collaborations, which reflects Singapore’s intent to strengthen technological ties with India.
Comprehensive Strategic Partnership
The Presidentâs visit builds on the upgraded Comprehensive Strategic Partnership registering announced during Prime Minister Narendra Modiâs visit to Singapore in September 2024. The partnership signifies deeper cooperation across sectors, including advanced manufacturing, semiconductors, and renewable energy.
Marking 60 Years of Diplomatic Relations
The joint logo unveiled on the occasion by Indian President Droupadi Murmu and Singaporean President, Shanmugaratnam, inducts six decades of bilateral relationship between both countries. A series of exchanges and events are planned throughout the year to celebrate this milestone.
Union Minister Nitin Gadkari met President Shanmugaratnam and discussed the further strengthening cooperation in sustainable aviation fuel, green hydrogen, and ammonia, which further sets up the shared vision of sustainable development.
Strengthening a Natural Partnership
The President reflected on the historical ties between the nations, stating,
“We will never forget that India was one of the first countries to recognize Singapore’s independence in 1965. This partnership is thriving across a wide range of areas.”
Singapore’s renewed focus on India’s semiconductor and technological ambitions marks another step toward a strengthened relationship, signaling the potential for significant advancements in these critical sectors.
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