Piyush Goyal Meets Singapore Leaders to Boost Indian Startups

27 Sep, 2024

Piyush Goyal Meets Singapore Leaders to Boost Indian Startups

Union Minister of Commerce & Industry, Piyush Goyal, inaugurated Invest India's new office in Singapore, marking a pivotal step in strengthening India’s investment partnerships. This inauguration follows Prime Minister Narendra Modi's announcement of establishing an Invest India office in Singapore during his visit on September 4th and 5th, 2024. As Invest India’s first overseas office, it underscores India's commitment to facilitating global investments and enhancing engagement with international investors.

The Singapore office will serve as a dedicated point of contact for companies in the region interested in investing in India, promoting collaboration across various sectors. Minister Goyal highlighted Singapore's importance as a strategic partner for India, stating that this office represents a new chapter in economic cooperation between the two nations and the broader ASEAN region.

With plans to open additional Invest India offices globally, the government aims to provide seamless access to India's dynamic and expanding economy. This initiative is designed to attract more foreign investment, driving growth and innovation within India. The establishment of this office exemplifies India's proactive approach to nurturing international business relations and creating opportunities for mutual economic benefit.