India and Singapore Vow to Expand Ties in Emerging Technologies

New Delhi: India and Singapore have once again reaffirmed their commitment to strengthening ties in emerging and futuristic areas during the second India-Singapore Ministerial Roundtable (ISMR) held on Monday. The high-level discussions were led by India’s Finance Minister Nirmala Sitharaman and Singapore’s Deputy Prime Minister Gan Kim Yong, with both delegations focusing on six key pillars of collaboration that are seen as crucial to the future economic and technological growth of both nations.

The six pillars identified during the ISMR include Digitalisation, Skill Development, Sustainability, Healthcare & Medicine, Advanced Manufacturing, and Connectivity. These areas were selected as strategic priorities, reflecting the evolving global landscape and the shared interests of India and Singapore in fostering innovation and development in these fields.

The roundtable discussions highlighted the importance of deepening cooperation between the two countries, particularly in sectors that are expected to drive future economic progress. Both leaders recognized that by enhancing their partnership in these areas, India and Singapore could not only bolster their own economies but also contribute to global advancements in technology and sustainable development.

In a post on X, the Indian finance ministry emphasized the significance of these discussions, noting that both sides explored new avenues for expanding collaboration. The ISMR serves as a vital platform for India and Singapore to align their strategic efforts, ensuring that their partnership remains dynamic and responsive to the challenges and opportunities of the future.

This renewed commitment to cooperation underscores the strong bilateral relationship between India and Singapore, a relationship built on shared values, mutual respect, and a common vision for the future. As both nations continue to invest in these emerging sectors, their partnership is poised to deliver significant contributions to global economic and technological leadership.