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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 seeking to strengthen bilateral economic ties.
  • Singapore is India's largest source of foreign direct investment, with inflows of $19.8 billion during fiscal year 2025-26, prompting India to deepen investment ties with the nation.
  • Sitharaman's scheduled meetings include 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.
  • The minister will participate in a business roundtable with hedge fund and portfolio fund managers, holding individual meetings with executives from GIC, Temasek, and DBS Bank to facilitate investment opportunities.
  • These engagements aim to advance outcomes from the August 2026 India-Singapore Ministerial Roundtable, targeting cooperation in digital financial connectivity, capital markets, semiconductors, and aviation sectors.
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taxscan.in broke the news on Thursday, October 8, 2026.
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