PM Modi lands in Singapore as India aims to up its chips in critical technologies

Prime Minister Narendra Modi landed in Singapore on Wednesday (Sept 4) for a significant bilateral visit to up New Delhi's chips in the extended neighbourhood. PM Modi landed in Singapore after visiting Brunei, the maiden visit by an Indian prime minister in 40 years since the diplomatic ties between the two countries were established.

Modi's agenda in Singapore

PM Modi will participate in a round table with Singaporean business leaders. He will also interact with Singapore’s semiconductor ecosystem players during the trip. 

Earlier this week, the Singapore High Commission officials visited four locations in Maharashtra, Rajasthan and Uttar Pradesh, where the Modi government has recently announced the setting up of new industrial parks.

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On Wednesday, Singapore’s Capital Land announced it will double its funds under management in India to more than ₹90,280 crore by 2028. The Singapore High Commission said it was "good to see companies doubling down on Investments in India".

During Modi's years in power, the India-Singapore ties have been elevated to a Strategic Partnership. 

The current visit elevates the bilateral relationship to a Comprehensive Strategic Partnership, reports said. 

Simultaneously, India is also looking to build synergies in semiconductor sector and skilling with these ecosystems in Singapore.

Both prime ministers will be briefed on the semiconductor ecosystem in Singapore and exchange views on the upcoming semiconductor ecosystem in India, sources said. MoUs will be signed, and cooperation will happen in manpower skilling in the semiconductor sector.

Singapore and India will also increase cooperation in skilling. From skilling centres to training and recruitment by Singapore firms, this will help India’s youth with better skills and opportunities.

Notably, the Indian PM will meet all three generations of leadership in Singapore. Prime Minister Lawrence Wong will host PM Modi for a meal. The prime minister will meet Singapore President Tharman Shanmugaratnam. Former PM and Senior Minister Lee Hsien Loong will also host PM Modi for a meal. Modi will also meet former PM and Emeritus Senior Minister Goh Chok Tong. 

(With inputs from agencies)