The development and growth of Jaipur is a positive sign for attracting investments from Singapore, said Kah Mei Chan, First Secretary (Economics) in the Singapore High Commission, at an interactive session organised by the Confederation of Indian Industry (CII) here on Wednesday.
Ms. Chan said Singapore was focusing on tier-two cities for investments in India; and Jaipur was on the priority list because of its “peaceful atmosphere with no security concerns”.
Representatives of the Singapore High Commission, International Enterprise-Singapore which is a statutory body under Singapore’s Ministry of Trade & Industry, and the CII took part in the interaction.
The participants described Singapore as an important trading partner of India and called upon the IE-Singapore to encourage trading entities to take up regional trading for creation of a substantial export market. This approach would also help improve bilateral relations between the two countries.
CII-Rajasthan former chairman Apurva Kumar threw light on the tourism potential of the State, while another former chairman Dileep Baid briefed on the handicraft sector.
CII vice-chairman Anand Singh said there was a vast scope for tie up in the education sector between the two countries. He pointed to the emerging opportunities for exchange programmes and joint ventures between universities and colleges.
CII State head and director Nitin Gupta said the IE-Singapore must be introduced to a greater number of entrepreneurs and partnership of Singapore companies with their Indian counterparts facilitated in the sectors such as real estate, infrastructure, technology business, information & communication technology, lifestyle, education and healthcare.
It was pointed out that the IE-Singapore encourages big traders across sectors like minerals, metals, agri-commodities, jewellery, textiles, electronics and automotive to set up their regional trading operations in Singapore and increase their cross-border trade.