Narendra Modi's 3-Nation Visit: PM Modi Signs 14 MoU's With Singapore
A range of Memorandum of Understanding (MoU) was signed between India and Singapore in the presence of the heads of various conglomerates during the event at Marina Bay Sands Convention Centre in Singapore.
Singapore, June 1: A range of Memorandum of Understanding (MoU) was signed between India and Singapore in the presence of the heads of various conglomerates during the event at Marina Bay Sands Convention Centre in Singapore. Prime Minister Narendra Modi addressed the business-cum-community event named 'Anushasanam', where various heads of both Indian and Indonesian companies were present. A total of 14 Business to Business and Business to Government were signed in the event.
B & B2G documents were announced in the event. Ministry of External Affairs spokesperson Raveesh Kumar tweeted, "14 B2B & B2G documents were announced in the presence of PM @narendramodi between the India and Singapore." A project between Tata Education and Development Trust and ITE Education Services Singapore was introduced in the event as part of a number of Indian institutes of skills will be set up.
While promoting the Make In India initiative Singapore and Association of Southeast Asian Nations (ASEAN), a Memorandum of Understanding was signed between Confederation of Indian Industry (CII), Singapore Manufacturing Federation (SMF) and Singapore Business Federation (SBF) Further another project between National Skill Development Center of India (NSDC) and National University of Singapore was launched to focus on developing skills in future.
A Memorandum of Understanding (MoU) was signed between NSDC, Singapore Polytechnic, and Temasek Foundation International to establish trainer and assessor academies in India. Another MoU was signed between SynchroServe Global Solutions and Skills SG venture for skill training. Confederation of Indian Industries (CII) and Singapore Cooperation Enterprise (SCE) signed a MoU for wastewater management and recycling in the presence of CII Director -General Chandrajeet Banerjee and SCE's CEO Kong Wy Mun.
CII signed another MoU with Singapore Business Federation on creating family business networks and training family businesses. Further, a statement of Intent was signed between NITI Aayog and Pan IIM Alumni Association (PIIMA), IIT Alumni Association of Singapore (IITAAS), The IndUS Entrepreneurs (TiE), Data Security Council of India (DSCI) , and The Indian School of Business Alumni Association - Singapore Chapter (ISBAA) to support India's innovation and entrepreneurship ecosystem on supporting India's innovation and entrepreneurship and promoting India's efforts towards innovation abroad.
A MoU was signed between Federation of Indian Chambers of Commerce and Industry (FICCI) and Food Industry Asia (FIA) for cooperation in food processing, safety, and capacity-building. Federation of Indian Chambers of Commerce & Industry (FICCI) and, Singapore Space Technology Association, (SSTA) signed a MoU for commercial collaboration in the space sector and the development of the Singapore space industry.
The Institute of Economic Growth (IEG) and Asian Competitiveness Institute (ACI), LKY of Public Policy signed a MoU for joint research on competitiveness assessments and public policy. Further, National Skill Development Corporation (NSDC) and Enterprise Singapore Board (ES) signed a MoU to support investments by Singapore skills training providers in India.
A MoU was signed between Confederation of Indian Industry (CII) and Singapore Business Federation (SBF) on business exposure in India and Singapore. Finally, CII signed a MoU with WateROAM on rural water solutions in India (providing young Singapore start-ups opportunities in India.)
Prime Minister Modi is now scheduled to participate in the Chief Executive Officers conference at the convention centre.
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