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Home News News and Press Release Month 1 2011 2011 (1) This

India Show, Singapore to Strengthen Economic and Trade Ties

13-1-2011
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Shri Anand Sharma, Union Minister of Commerce and Industry, will be leading a high-level delegation to Singapore. Shri Sharma will inaugurate the India Show, tomorrow in Singapore along with his Singaporean counterpart, Trade and Industry Minister Mr. Lim Hng Kiang. Coinciding with the event, "Indovations" - India's ideas for the world - a Symposium is being organised focussing on key areas of the Indian economy -manufacturing, services and infrastructure. 

The concurrent events that will be held during the "India Show" in Singapore includes- three days exhibition, one to one business meetings, India Symposium, high level CEOs delegation and cultural evening. The CEOs delegation to Singapore will explore the possibilities to strengthen the bilateral trade relations between India and Singapore & ASEAN especially in the areas manufacturing, services and infrastructure sectors. 

"The India Show" from 14-16 January 2011 is being organized jointly by the Ministry of Commerce and Industry, Confederation of Indian Industry (CII), the India High Commission in Singapore, India Brand Equity Foundation (IBEF). The India Show Exhibition would feature participation of over 90 exhibitors showcasing the innovations and expertise of India Inc in manufacturing, services and infrastructure sectors. Tata Nano will be showcased for the very first time in Singapore. 

The bilateral trade between Singapore and India had been growing around 20% annually reached US $ 8.65 billion in 2005 and US $ 13.79 billion during January-November 2010. Total foreign direct investment (FDI) inflows received from Singapore are US $ 11.47 billion. Top sectors attracted FDI from Singapore are from services sector, telecommunication, petroleum & natural gas, computer software & hardware and construction activities. 

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