India

“India really means business”: Iswaran

“India really means business”: Iswaran
Indian policemen stand guard as people walk past a hoarding with a portrait of Indian Prime Minister Narendra Modi, advertising the Vibrant Gujarat Summit 2015 in Gandhinagar, India, Friday, Jan. 9, 2015. U.S. Secretary of State John Kerry is scheduled to attend the three-day summit that starts Sunday. Photo: AP
Published: 6:00 PM, January 11, 2015
Updated: 3:47 PM, March 21, 2016

GANDHINAGAR — The Indian government has shown that it “really means business” and that is good news for Singapore companies who have an interest to expand into India, Second Minister for Trade and Industry S Iswaran said today (Jan 11).

Speaking at the seventh edition of the Vibrant Gujarat Summit, Mr Iswaran said: “The confidence (from Singapore companies) stems in no small part from the Bharatiya Janata Party’s historic victory in the general elections last year and the strong leadership of Prime Minister Modi. As an old friend and partner of India, Singapore is excited by PM Modi’s vision for India and the way he and his ministers are re-energizing the Indian bureaucracy to devote attention and take decisive steps towards achieving the PM’s vision for India.”

“The fact that PM Modi personally oversees the Project Monitoring Group and clears crucial projects signal to international businesses and investors that, this time, things will be different, and India really means business,” he added.

Mr Iswaran is leading a 100-strong delegation from more than 40 companies on a four-day visit to India. 

He will fly to Hyderabad this evening and is scheduled to meet Andhra Pradesh’s Chief Minister Chandrababu Naidu tomorrow to discuss the Singapore-Andhra Pradesh Capital City Project.