The Future of India-Singapore Ties: Collaboration in Green Energy, Technology, and ESG Sectors

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The Future of India-Singapore Ties: Collaboration in Green Energy, Technology, and ESG Sectors, the latest publication from Dezan Shira & Associates is out now and available for free download through the Asia Briefing Publication Store.

The Future of India-Singapore Ties: Collaboration in Green Energy, Technology, and ESG Sectors

In this issue

  • Business Ties: A Strategic Investment Perspective: Pg 4
  • Frontier Catalysts for Growth: Green Energy and Semiconductor Collaboration: Pg 10
  • Building a Sustainable Future Together: Supply Chains and ESG Compliance: Pg 16

The India-Singapore partnership is entering a new era of economic collaboration, with green energy, technology, and ESG compliance at its core. Businesses and investors must stay ahead of regulatory trends and emerging opportunities to drive innovation and sustainable growth in both economies. This magazine issue from India Briefing “The Future of India-Singapore Ties: Collaboration in Green Energy, Technology, and ESG Sectors” explores some of the key sectors fueling the India-Singapore strategic alliance—investment scope in developing green energy sources, semiconductors, infrastructure, and logistics on one hand, and improving ESG standards in the corporate landscape on the other.

In Chapter 1, we present data on India-Singapore import-export dynamics, track the FDI inflow from Singapore to India over the last 5 years, note strategic sectors and high-growth investment potential for cross-border stakeholders exploring the India and Singapore markets, and flag key compliance and regulatory concerns. We also discuss key outcomes of the latest high-level official engagement between the two countries, with Singaporean President Tharman Shanmugaratnam visiting India from January 14-18, 2025 and Indian Prime Minister Narendra Modi visiting Singapore last year, from September 4-5.

In Chapter 2, we do a deep dive on collaboration prospects in the green economy – solar energy, biofuels, green hydrogen, and green ammonia – and the semiconductor sector as both India and Singapore remain committed to sustainability and technological advancement. By leveraging each other’s strengths, these partnerships are expected to drive innovation, create jobs, and contribute to regional economic resilience.

Finally, in Chapter 3, we break down the scope for cooperation and investment in green infrastructure projects to bolster regional supply chains and put the spotlight on compliance obligations of private companies under evolving environmental, social, and governance (ESG) standards. While India is pushing for greater corporate sustainability compliance, Singapore is a pioneer in this area backed by progressive government policies and proactive industry engagement.

With a strong focus on digital transformation and sustainable development, India and Singapore are leveraging their strengths to create new investment opportunities and enhance regional trade. Our insights in this edition highlight the opportunities, challenges, and strategic pathways that investors and businesses must consider to stay ahead.

From navigating regulatory landscapes to maximizing trade and investment potential, this publication serves as a guide for stakeholders looking to capitalize on emerging sectors in this thriving partnership. We invite you to explore the depth of this collaboration and discover how business stakeholders in India and Singapore can work together to build a sustainable and technologically advanced future.

For business inquiries, feel free to contact our India offices at: India@dezshira.com and Singapore office at: Singapore@dezshira.com.

About Us

India Briefing is one of five regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Delhi, Mumbai, and Bengaluru in India. Readers may write to india@dezshira.com for support on doing business in India. For a complimentary subscription to India Briefing’s content products, please click here.

Dezan Shira & Associates also maintains offices or has alliance partners assisting foreign investors in China, Hong Kong SAR, Dubai (UAE), Indonesia, Singapore, Vietnam, Philippines, Malaysia, Thailand, Bangladesh, Italy, Germany, the United States, and Australia.