On January 15, Singapore's President Tharman Shanmugaratnam will visit India, marking a significant milestone in the 60th year of diplomatic relations between the two countries. This visit aims to elevate India-Singapore relations, focusing on new areas like energy, industrial parks, and skills development.
Later this year, Singapore's Prime Minister Lawrence Wong is also expected to visit India, and the next India-Singapore ministerial roundtable will take place. These events follow last year's successful ministerial roundtable and Prime Minister Modi's visit to Singapore, which elevated the relationship to a Comprehensive Strategic Partnership.
During President Shanmugaratnam's visit, discussions will center on semiconductors, energy, and skills. Two agreements related to semiconductors and skill development are anticipated. The President will meet with Indian leaders, economists, and academics, and visit southern states like Karnataka and Tamil Nadu, as well as Odisha, to explore new investment opportunities.
Singapore is a major contributor to foreign direct investment in India, with USD 12 billion invested last year. This year, investments are expected to increase, with a focus on India's northeast and collaboration with the Tata group on semiconductors. The President will also visit the World Skills Centre in Bhubaneshwar and Bharat Biotech.
Tharman Shanmugaratnam is the President of Singapore, a country in Southeast Asia. He is visiting India to celebrate the friendship between the two countries.
Diplomatic ties are the friendly relationships between two countries. They involve working together on various issues like trade, culture, and security.
Energy refers to power sources like electricity, oil, and gas that are used to run machines, lights, and other things. India and Singapore are discussing how they can work together in this area.
Industrial parks are large areas where factories and businesses are set up. They help in creating jobs and boosting the economy.
Skills are abilities or expertise that people learn to do certain jobs. The visit will focus on improving skills for better job opportunities.
Semiconductors are tiny parts used in electronic devices like computers and phones. They are important for technology development.
Odisha is a state in eastern India. It is one of the places where Singapore is looking to invest more money.
An investor is someone who puts money into a business or project to earn more money. Singapore is a big investor in India, meaning it puts a lot of money into Indian businesses.
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