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India can expect good investments from Singapore: Goyal
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SME Times News Bureau | 24 May, 2016
India has received a very
positive feedback from international investors here and can look forward
to good investments coming from Singapore, Power Minister Piyush Goyal
said on Monday.
"I do feel that the mood is very favourable for
India. They (investors) can see the India story structurally improving.
They can see the demand that India provide and to my mind India can look
forward to good investments coming from Singapore," Goyal, who was on a
one-day visit to Singapore at the head of industry chamber FICCI
delegation, told reporters in Singapore.
Inviting investments in India's
power and infrastructure sectors, he apprised Singaporean investors
including the Government Investment Corp of investment opportunities in
India and the initiatives of the NDA government.
"We had a good
sessions with investors during the morning. We have received a very
positive feedback and support from international investors," Goyal said.
"We have had a wide range of discussions with investors," he added.
Goyal addressed Deutsche Bank db AccessAsia annual economic conference earlier on Monday.
"Delievered keynote address at dbAccess investor conference, Singapore. Unprecedented investor interest in India," he tweeted.
He
also met the Singapore Deputy Prime Minister Tharman Shanmugaratnam,
and members of the Indian and Singaporean industry at the
India-Singapore Energy Technology and Investors Meet jointly organised
by the by the Indian High Commission, FICCI, Singapore Manufacturing
Federation and Institute of South Asian Studies.
Later, Goyal
visited Singapore's Institute of Technical Education and discussed a
possible collaboration with the institute in setting up 21 centres
across India as part of the government's skill development initiative.
"Skilling
is one of the main reasons I am visiting Singapore. We hope to have a
collaboration with ITE for training faculty," he said.
"We got
an opportunity to share the India growth story here. They showed a lot
of interest about the Ujwal Discom Assurance Yojana. Overall, the mood
has been very favourable for India," he added.
Meanwhile, the
Singapore Manufacturing Federation announced here on Monday that it will
take part in two exhibitions in India in July - AMTEX in New Delhi and
Last Mile Fullfilment India in Mumbai - and will also sending
delegations to Mumbai and Indore in October this year.
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