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


About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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