Introduction

President Tharman Shanmugaratnam of Singapore has proclaimed that the enduring and “natural partnership” between Singapore and India is entering an exciting new phase. During his recent visit to India, which marks the 60th anniversary of diplomatic relations between the two nations, President Tharman highlighted that business ties are thriving and highlighted newer areas of collaboration between the two countries.

Ceremonial Address and Enhanced Ties

In a ceremonial address at the prestigious Rashtrapati Bhavan on January 16, he emphasized ongoing discussions around advanced manufacturing, digital technologies, and sustainability. “We are exploring new initiatives that extend beyond our already vibrant cooperation,” Tharman stated, optimistic about the partnership's future.

Welcomed by Indian President Droupadi Murmu and Prime Minister Narendra Modi, along with other key officials, President Tharman's visit underscores a significant elevation in bilateral relations. In September 2024, both nations agreed to enhance their ties to a comprehensive strategic partnership, deepening collaboration across existing domains while fostering new opportunities for growth.

Focus on Viksit Bharat @ 2047

One of the key focal points of the partnership is Singapore's commitment to supporting India’s ambitious Viksit Bharat @ 2047 initiative. This roadmap aims to position India as a developed nation by its centenary of independence, promising an array of progressive socio-economic transformations.

Collaborative Projects

Exciting collaborative projects are already on the horizon. These include a flagship training program designed to equip India’s young workforce with industry-ready skills and initiatives aimed at fortifying partnerships in green energy. Singapore is also significantly contributing to India's semiconductor landscape and working towards developing new-generation industrial parks with net-zero emissions.

Financial Connectivity

Addressing financial connectivity, President Tharman mentioned the exploration of a data corridor linking Singapore with Gift City, Gujarat’s financial hub, which would allow secure data exchanges between financial institutions. He stressed that sustainability remains a priority for both nations and that they are jointly assessing potential corridors for renewable energy.

Singapore's Commitment and Observations

Reflecting on Singapore's long-standing status as the leading foreign investor in India, he reiterated the city-state's commitment to participate in India’s ambitious future projects.

President Tharman also commended India’s transformative journey over the past decade, noting remarkable advancements in social and economic spheres. He cited a significant reduction in rural poverty and the digital revolution that has empowered citizens with access to financial services.

Future Collaborations and Visits

The collaborations are set to be further intensified through platforms like the India-Singapore Ministerial Roundtable, ensuring that bilateral agendas are continuously reviewed and tailored to mutual interests.

After his engagements in New Delhi, the Singapore delegation is set to visit Odisha on January 17 and 18 to uncover potential business and economic ventures, with President Tharman expressing optimism about the state’s promise for development.

Conclusion

In a symbolic gesture of respect, he paid tribute to Mahatma Gandhi at the Raj Ghat memorial and engaged in discussions with various Indian ministers, paving the way for strengthened ties.

As the world faces increasing uncertainties, President Tharman emphasized that initiatives like these exemplify the potential for mutual prosperity and trust between nations. The future looks promising for the "natural partnership" between Singapore and India as they embark on this transformative journey together.