Singapore-India Partnership Roadmap Initiatives to Enhance Singapore's Economic Competitiveness
Ministry of Trade and IndustrySpeakers
Summary
This question concerns the specific initiatives under the Singapore-India partnership roadmap regarding digital trade, skills development, and investment facilitation, and their impact on Singapore's economic competitiveness. Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong highlighted the Roadmap for the Comprehensive Strategic Partnership (CSP), which focuses on sustainability, digitalisation, and deepening bilateral trade and investment linkages. Specific initiatives include the "Advanced Manufacturing and Semiconductors Ecosystem Partnership" to facilitate business matching and create "Green Lanes" for the expedited movement of semiconductor materials and equipment. Furthermore, collaboration on sustainable industrial parks in Rajasthan and Tamil Nadu and the development of training centres in advanced manufacturing and aviation will provide new sites and skilled manpower for Singapore companies. These initiatives establish a framework for businesses to seize opportunities in India’s growth, enabling Singapore to expand its economic participation and enhance its long-term competitive position.
Transcript
7 Mr Saktiandi Supaat asked the Deputy Prime Minister and Minister for Trade and Industry (a) what specific initiatives are being rolled out under the new Singapore-India partnership roadmap on digital trade, skills development and investment facilitation; and (b) how will these initiatives enhance Singapore's economic competitiveness.
Mr Gan Kim Yong: On 4 September 2025, Prime Minister Lawerence Wong and Prime Minister Narendra Modi launched the Roadmap for the Comprehensive Strategic Partnership (CSP) between India and Singapore during Prime Minister Lawerence Wong's Official Visit to India, which marked the 60th anniversary of bilateral relations between the two countries.
The Roadmap outlines strategic areas such as sustainability, digitalisation and skills development, where India and Singapore could strengthen our collaboration to deepen linkages, increase trade and investment, and enhance people-to-people exchanges.
One of the specific initiatives is the "Advanced Manufacturing and Semiconductors Ecosystem Partnership” where India and Singapore will promote business-to-business matching, work to expedite the movement of semiconductor materials and equipment between the two countries through a “Green Lane”, and potentially, to pursue joint research and development.
Singapore and India are also collaborating on sustainable, next-generation industrial parks in states such as Rajasthan and Tamil Nadu. This will provide opportunities for Singapore companies both in the development of these industrial parks and also establish attractive sites for our companies that plan to expand into India.
On skills development, we are working closely with the Indian Government and industry partners to develop training centres in advanced manufacturing, semiconductors and aviation maintenance, repair and overhaul. These will equip India's workforce with industry-relevant skills while helping Singapore companies in India to have access to skilled manpower.
Singapore is already the largest investor in India. The CSP and its initiatives provide the framework for our businesses and investors to seize new opportunities and in so doing, enable Singapore to expand our participation in India’s growth and economic potential.