Singapore firms, India’s Tamil Nadu state sign MOUs worth S$5 billion

A group of members from the Ministry of Foreign Affairs, MTI, EnterpriseSG, the Singapore Indian Chamber of Commerce and Industry, and 60 business associates were led to the occasion in Chennai by Singapore High Commissioner to India Simon Wong.

The Singapore Business Federation established a Singapore Pavilion with EnterpriseSG’s assistance to highlight Singapore businesses with significant reputation in Tamil Nadu, such as Sembcorp, CapitaLand, YCH, and Blue&nbsp, Planet.

CapitaLand reiterated its$ 500 million investment plan for Chennai at the event, which will be spread across business parks, logistics, warehouses, and a data center.

Major universities in Tamil Nadu will collaborate with another company, Lionsbot, which creates and produces automated industrial-scale washing robots, to promote the growth of engineering and nbsp, robotics talent.

According to Mr. Tan Immediately Kim, assistant chief executive officer of EnterpriseSG, the most recent network of collaborative efforts and related investments demonstrate how carefully Singapore companies are expanding the breadth and depth of their wedding in Tamil Nadu. &nbsp,

Along with Tamil&nbsp, Nadu’s goal of becoming a US$ 1 trillion-dollar sector by 2030, EnterpriseSG is committed to intensifying our support for businesses interested in entering the market and assisting them in seizing opportunities.