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Nirmala Sitharaman Heads to Singapore with Focus on Investment, Trade and Financial Ties

Sitharaman will meet top investors and Singapore leaders as India seeks more capital and cooperation across trade, technology and finance.

  • On Friday, Union Finance Minister Nirmala Sitharaman arrived in Singapore for a three-day official visit to engage with government leaders and global institutional investors.
  • Singapore is India's largest source of foreign direct investment , with inflows reaching $19.8 billion during fiscal year 2025-26, prompting deeper investment ties.
  • Sitharaman will meet Singapore President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, Deputy Prime Minister Gan Kim Yong, and Foreign Minister Vivian Balakrishnan to discuss the India-Singapore Comprehensive Strategic Partnership.
  • Additionally, the minister will participate in a business roundtable with hedge fund and portfolio fund managers, plus individual meetings with executives from GIC, Temasek, and DBS Bank.
  • These engagements aim to advance outcomes from the August 2026 India-Singapore Ministerial Roundtable, focusing on digital financial connectivity, capital markets, semiconductors, and aviation.
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taxscan.in broke the news on Thursday, October 8, 2026.
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