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Monday, January 28, 2013

Why Should Indian Companies Invest In Singapore?

Singapore achieved its record international investment of S$16.0 billion towards its economy with significant investments in Electronic and Energy & Chemical industries.

Investments in Chemical Industry have gone up to S$6.7b in 2012 from S$2.5b in 2011 41.9 per cent from 18.2 per cent.Investments in Electrical Industry maintain at $6.2b 38.8 per cent.Investment from rest of Asia Pacific in Singapore has gone up to $4.4b in 2012 to S$3.7b in 2011. Investments from Asia Pacific have gone up as companies choose Singapore to be an ideal platform to expand their footprints in the global.

Singapore offers a pro business environment, novel financial solutions, presence of international banks and strong credit system to further their business expansion.

Indian companies should invest in Singapore because industries like EPC, Chemicals and Electricals have been consistently growing in the economy. Indian majors such as Tata Communications IHQ, Punj Lloyd, Fortis Healthcare IHQ, Gail's LNG procurement hub, Adani's international asset holding have their headquarters in Singapore and have leveraged Singapore as the Asia-Pacific hub to reach out to other markets like Indonesia, Australia, China etc.

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