Singapore is desirous of starting new ventures and making investments in the Indian State of Tamil Nadu, a top diplomat of the island country said.
“Singapore accounts for 3.4 percent of India's foreign trade and is keen on starting new ventures in Tamil Nadu for improving trade and business, stated Roy Kho, Consul General of the Republic of Singapore in Chennai.
The diplomat was meeting with Banwarilal Purohit, Governor of Tamil Nadu. He said, “India is an investment-friendly and especially Tamil Nadu was known for its investment-friendly policies, amazing architecture, rich culture.”
Talking about the close relations between Singapore and India, the Consul General said, “India and Singapore have marked 50 years of diplomatic relations. Both the countries share close and friendly relations for centuries together in trade, culture, industry, education, commerce.”
The population of Indians in Singapore is about nine percent, Kho said, adding that out of them a majority were from Tamil Nadu and Kerala.
The Governor welcomed the Consul General and said that Singapore was known for its ‘cleanliness’ and Indian Prime Minister Narendra Modi's mission was also to develop a clean India under the Swachh Bharat mission.
Purohit said, “Tamil Nadu looks forward to many more investments and MoUs for promotion of tourism, educational exchange programmes and for sharing knowledge and technology, Purohit said.
He added, “The visit of Singapore President Tony Tan Keng Yam to India and Prime Minister Narendra Modi to Singapore in November 2015, further strengthened the India-Singapore bilateral relations.”