Piyush Goyal Opens Invest India Office in Singapore to Boost Investments
New Delhi [India], September 22: Union Minister of Commerce and Industry, Piyush Goyal, inaugurated Invest India’s new office in Singapore on Sunday. This office aims to facilitate regional investment into India, following Prime Minister Narendra Modi’s recent announcement during his visit to Singapore.
The Singapore office will act as a dedicated point of contact for regional companies looking to invest in India, fostering collaboration across sectors. As Invest India’s first overseas office, it will provide comprehensive support to Singaporean investors in various areas.
In a statement, the Ministry of Commerce and Industry highlighted that this significant move reinforces India’s commitment to deepening investment partnerships and making it easier for global investors to engage with India.
Speaking at the event, Minister Goyal said, “Singapore is a key strategic partner for India, and this office marks a new chapter in our efforts to strengthen economic cooperation with Singapore and the broader ASEAN region. We plan to open more overseas Invest India offices in the coming months, aiming to provide global investors with seamless access to India’s dynamic and growing economy.”
Separately, the minister wrote on social media platform X, “Investing in a stronger partnership. Proud to inaugurate the @InvestIndia Singapore office today. This marks a pivotal moment in strengthening economic ties and unlocking vast investment opportunities between India and Singapore. It is a significant step towards fostering global partnerships and driving shared prosperity.”
Invest India is the National Investment Promotion and Facilitation Agency of India, established as a non-profit initiative under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India. As part of the “Make in India” campaign, Invest India enables and supports investors in launching, operating, and expanding their businesses in India. It offers investors comprehensive facilitation services, including strategic business advisory, policy guidance, location assessment, issue resolution, and expansion support.
Doubts Revealed
Piyush Goyal -: Piyush Goyal is an important person in the Indian government. He helps make decisions about trade and industry.
Invest India -: Invest India is an organization that helps people and companies from other countries invest money in India.
Singapore -: Singapore is a small but very rich country in Asia. It is known for its strong economy and clean city.
Prime Minister Narendra Modi -: Narendra Modi is the leader of India. He makes important decisions for the country.
regional investment -: Regional investment means putting money into businesses or projects in a specific area or region.
strategic partner -: A strategic partner is a country or company that works closely with another to achieve common goals.
sectors -: Sectors are different parts of the economy, like technology, healthcare, or agriculture.
global investors -: Global investors are people or companies from all over the world who put money into businesses in other countries.
