New Delhi [India], October 9 (ANI): India is searching for to draw larger international funding as Union Finance Minister Nirmala Sitharaman, who arrived in Singapore on Friday, is scheduled to satisfy hedge fund managers, portfolio buyers and main international monetary establishments throughout her three-day official go to.
The Finance Ministry, in a publish on X, stated, ‘During the go to, FM @nsitharaman will name on the high-level Government management of Singapore, and work together with senior members of the enterprise and funding neighborhood, and international institutional buyers,’ the ministry stated.
According to an official launch issued by the Finance Ministry on Friday, Sitharaman will take part in a enterprise roundtable with hedge fund and portfolio fund managers, apart from holding government-to-business conferences aimed toward strengthening funding ties.
The ministry stated, ‘The interplay will present a chance for an trade of views with main international buyers on India’s development trajectory, funding alternatives and the evolving international financial and monetary panorama.’
The go to comes as India appears to deepen funding ties with Singapore, its largest supply of international direct funding (FDI). Cumulative FDI inflows from Singapore stood at roughly USD 194.68 billion between April 2000 and March 2026, in response to the ministry.
Singapore was additionally India’s largest supply of FDI throughout FY 2025-26, with inflows of USD 19.8 billion, in response to an earlier authorities launch.
During the go to, Sitharaman is scheduled to carry particular person conferences with senior executives of main institutional buyers and monetary establishments, together with GIC, Temasek, DBS Bank, Standard Chartered Bank, British International Investment and Mitsubishi UFJ Financial Group.
The authorities can also be trying on the National Investment and Infrastructure Fund (NIIF) and GIFT City as potential avenues for attracting larger participation from Singaporean buyers.
‘Platforms such because the National Investment and Infrastructure Fund (NIIF) and GIFT City can present avenues for larger participation by Singaporean capital, together with by way of funding automobiles and funds,’ the ministry stated.
The go to additionally follows the fourth India-Singapore Ministerial Roundtable held in August 2026, the place each nations mentioned strengthening cooperation in funding, capital markets and different financial sectors.
Sitharaman is scheduled to satisfy Singapore President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, Deputy Prime Minister Gan Kim Yong and Foreign Minister Vivian Balakrishnan.
The discussions will cowl commerce, funding, digital monetary connectivity, taxation, semiconductors, superior manufacturing, skilling and aviation underneath the India-Singapore Comprehensive Strategic Partnership.
The Finance Ministry stated it could facilitate connections between Singaporean buyers and Indian corporations, monetary establishments and state governments, whereas offering help to take recognized funding alternatives ahead. (ANI)