19 to 24 October 2016 - Riding on the back of high-level visits and collaborative agreements between the prime ministers of both countries,
19 to 24 October 2016 - Riding on the back of high-level visits and collaborative agreements between the prime ministers of both countries, SMF led a delegation of seven companies from the Food & Beverage and Energy, Oil & Gas Industry Groups to India with the support from International Enterprise Singapore and the Federation of Indian Chambers of Commerce and Industry (FICCI).
Mr Michael Lim, CEO of Sun Lim Garden Foodstuff Pte Ltd led the delegation for this 5-day business trip to learn more about the economic opportunities in the states of Mumbai and Indore. Aside from a business match-making session with 20 Indian companies in the similar trade, the Singapore delegation attended “The Global Investors Summit” in Indore which saw more than 5,000 Delegates from all over the world congregate to learn more about its investment opportunities.
Group Photo at IE Singapore Mumbai on 19 Oct 2016
“The visit to IE Singapore Mumbai office was very helpful for our Singapore companies to better understand how to do business in India since the trip is tailored to our businesses profile and requirements,” said Mr Lim, “We are also pleased to learn of the first-hand information about the future developments of Madhya Pradesh through the Indore Global Summit 2016.”
Breakfast with Assoc Prof Muhammad Faisal Ibrahim at Indore on 22 Oct 2016
To date, Singapore remains one of India's biggest foreign investors while Indian companies often use Singapore to raise funds for their global operations. Economic relations has expanded since the two countries inked a Comprehensive Economic Cooperation Agreement in 2005, with bilateral trade increasing from US$6.7 billion over 2004-2005 to US$16.9 billion (S$23 billion) over 2014-2015.
For more information on market opportunities in India, please contact Ms Cecilia Tham, Manager for Global Business Groups of SMF at email@example.com or DID: +65 6826 3030.