India’s development to drive opportunities for Singapore businesses

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Singapore can contribute to India’s goal to develop smart and sustainable cities, say Second Trade and Industry Minister S Iswaran.

With new Prime Minister Narendra Modi at the helm, India is entering a new phase of development, and this will drive opportunities for Singapore businesses, said Second Trade and Industry Minister S Iswaran at the Singapore-India Business Symposium on Friday (Nov 28).

The development priorities and agenda of the new Indian government present interesting possibilities for partnership with Singapore, said Mr Iswaran, highlighting that one area where Singapore can contribute is in India’s goal to develop smart and sustainable cities.

Where smart cities are concerned, he said Singapore’s Government agencies and private sector can make a meaningful contribution, given the country’s experience in development over the past five decades.

The minister said Singapore is “actively considering” how best to work with India’s central government on its smart cities initiative. Singapore itself has ambitions to become a Smart Nation with the use of technology to enhance living.

Mr Iswaran said the engagement with India in the smart cities sphere will enable Singapore businesses to participate in areas like township development, industrial parks and utilities. The scale of the need in these sectors present an excellent opportunity for Singapore firms to partner their Indian counterparts to work on projects, he added.

Next year marks the 50th year of Singapore and India’s diplomatic ties, and Mr Iswaran said Singapore looks forward to elevating the relationship to greater heights.

 

 

Source : Channel News Asia | November 28, 2014

Thomas D’Innocenzi

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About thomasdinnocenzi

Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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