Sitharaman Visits Singapore to Attract Global Investors
Finance Minister Nirmala Sitharaman visits Singapore from October 9 to 11, 2026, to meet political leaders, global investors and business executives and strengthen bilateral trade and investment ties.
Union Finance Minister Nirmala Sitharaman is on a three-day official visit to Singapore from October 9 to 11, 2026, to deepen economic cooperation and attract greater investment into India. During the visit, she is scheduled to meet Singapore’s political leadership, institutional investors and senior business executives as the two countries seek to expand their Comprehensive Strategic Partnership.
Sitharaman will call on Singapore President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, Deputy Prime Minister Gan Kim Yong and Foreign Minister Vivian Balakrishnan. Discussions will cover trade and investment, digital financial connectivity, capital markets, taxation, semiconductors, advanced manufacturing, skill development and aviation. The meetings are also intended to advance the outcomes of the India-Singapore Ministerial Roundtable.
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As part of her investment outreach, the minister will participate in a roundtable with hedge fund and portfolio fund managers, alongside government-to-business meetings. She will also hold individual discussions with senior executives from leading financial institutions, investment firms and healthcare companies. These include the Government of Singapore Investment Corporation (GIC), Temasek Holdings, DBS Bank, Standard Chartered Bank, British International Investment, IHH Healthcare, Mitsubishi UFJ Financial Group, B Capital and HPS Investment Partners. Representatives from TPG, Mitsui & Co. and Skandinaviska Enskilda Banken are also among those scheduled for meetings.
Singapore is India’s largest source of foreign direct investment (FDI), with cumulative inflows of approximately $194.68 billion between April 2000 and March 2026. The Indian government aims to encourage further participation from Singaporean investors through platforms such as the National Investment and Infrastructure Fund (NIIF) and GIFT City. The Finance Ministry will also facilitate connections between interested investors and Indian companies, financial institutions and state governments.
Singapore is also India’s largest trading partner within the Association of Southeast Asian Nations (ASEAN) and its sixth-largest trading partner overall. In the 2025-26 financial year, India exported goods worth $11.86 billion to Singapore and imported $24.24 billion, resulting in a trade deficit of $12.38 billion.
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The visit reflects India’s efforts to convert its strategic partnership with Singapore into stronger investment flows, expanded business collaboration and tangible economic outcomes.
