Sitharaman visits Singapore to boost investment ties

October 9, New Delhi: Union Finance Minister Nirmala Sitharaman is on an official visit to Singapore from October 9-11.

During her official visit, Finance Minister Nirmala Sitharaman will hold a series of high-level engagements with Singapore’s leadership, senior members of the business and investment community, and global institutional investors.

The Finance Minister will call on Singapore President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, Deputy Prime Minister Gan Kim Yong, and Foreign Minister Dr. Vivian Balakrishnan.

The discussions will cover key areas of the India-Singapore Comprehensive Strategic Partnership and take forward the outcomes of the ISMR, including cooperation in trade and investment, digital financial connectivity, capital markets, taxation, semiconductors, advanced manufacturing, skilling and aviation.

As part of her engagements with the investment community in Singapore, the Union Finance Minister will engage with leading Singaporean and international investors, financial institutions and business leaders through a Roundtable with Hedge Fund and Portfolio Fund Managers and a series of Government-to-Business (G2B) meetings. The interaction will provide an opportunity for an exchange of views with leading global investors on India’s growth trajectory, investment opportunities and the evolving global economic and financial landscape.

Finance Minister Sitharaman will also hold a series of one-to-one meetings with senior business leaders and heads of leading global financial institutions, investment firms and healthcare companies. These will include meetings with the Chief Executive Officers (CEOs) of the Government of Singapore Investment Corporation (GIC); Temasek Holdings (P) Limited (Temasek);  DBS Bank Ltd. (DBS); Standard Chartered Bank; British International Investment (BII);  IHH Healthcare Berhad (IHH); Asia-Pacific, Mitsubishi UFJ Financial Group, Inc. (MUFG); B Capital; HPS Investment Partners (HPS); Chairperson, Skandinaviska Enskilda Banken AB (SEB); Director, Board of Directors, Mitsui & Co., Ltd.; and Executive Chairman and Founding Partner, TPG.

The Ministry of Finance, in coordination with relevant Ministries and industry bodies, will facilitate connections between interested Singaporean investors and Indian companies, financial institutions and State Governments, and provide necessary handholding to take identified investment opportunities forward.

The visit underscores India’s commitment to deepening its Comprehensive Strategic Partnership with Singapore, with a particular focus on leveraging the strong political relationship to promote greater investment, business partnerships and concrete economic outcomes.

(Caption: Finance Minister Nirmala Sitharaman is welcomed by India's High Commissioner to Singapore, Shilpak Ambule, upon her arrival at Changi International Airport in Singapore on October 9, 2026.)

Source & Wire Service: Prasar Bharati SHABD (DD / Akashvani News)