Times News Network
New Delhi: PM Narendra Modi met his Singapore counterpart Lawrence Wong over dinner, ahead of their formal bilateral meeting and exchange of agreements on Thursday. The visit will see the two sides making efforts to boost cooperation in areas like advanced manufacturing, maritime connectivity, aviation, skills and healthcare.
Among the big takeaways will be an MoU for cooperation in the semiconductor sector in which Singapore is a global leader.
“Landed in Singapore. Looking forward to the various meetings aimed at boosting the India-Singapore friendship. India’s reforms and the talent of our Yuva Shakti makes our nation an ideal investment destination. We also look forward to closer cultural ties,’’ said the PM in a post on X.
On cooperation in semiconductor manufacturing, India is considering collaboration in talent development as Singapore universities have developed customised courses for the semiconductor sector. Knowledge sharing about best practices of managing semiconductor industrial parks in another opportunity India is looking at, according to govt sources.
“In terms of factors of production, Singapore has limitations on land and labour. India, with abundant land and skilled labour, can be part of Singapore’s semiconductor value chain. Semiconductor companies in Singapore can be encouraged to consider India for their expansion plans,’’ said a source, adding Singapore also has semiconductor equipment and material manufacturers.
“For the development of the semiconductor manufacturing ecosystem in India, engagement and collaboration with such companies may also be helpful,’’ said the source.

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