India, Singapore in talks to boost ties in industrial parks, semiconductor sector
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Singapore and India reaffirmed close ties and discussed areas to strengthen bilateral collaboration during the third India-Singapore Ministerial Roundtable (ISMR) on Wednesday (Aug 13) in New Delhi.In a doorstop interview after the conclusion of the ISMR, DPIndia, Singapore in talks to boost ties in industrial parks, semiconductor sector
Singapore and India reaffirmed close ties and discussed areas to strengthen bilateral collaboration during the third India-Singapore Ministerial Roundtable (ISMR) on Wednesday (Aug 13) in New Delhi.In a doorstop interview after the conclusion of the ISMR, DPM Gan said that Singapore's six-member delegation held productive talks with their Indian counterparts and detailed potential collaborations regarding sustainability, digitalisation, skills development, healthcare and medicine, advanced manufacturing, and connectivity. In particular, DPM Gan highlighted interest from Singaporean companies to set up a semiconductor ecosystem between the two nations in hopes of strengthening their supply chains.Citing the «very long and complex» supply chains where different semiconductor parts are often manufactured at separate locations, DPM Gan said that it is important for businesses to diversify their pipelines so that they are less susceptible to disruption, alluding to the external disruptions caused by US tariffs.