Singapore:

Prime Minister Narendra Modi, accompanied by his counterpart Lawrence Wong, on Thursday visited AEM Holdings, a leading company in the semiconductor and electronics sector, here and discussed opportunities for collaboration.

PM Modi also invited the Singaporean semiconductor companies to participate in the ‘SEMICON INDIA’ exhibition, to be held in Greater Noida from September 11-13.

According to an MEA statement, the Prime Minister also interacted with Indian interns from Odisha’s ‘World Skill Center’, undergoing training in Singapore, as well as Singaporean interns who had visited India under the ‘CII-Enterprise Singapore India Ready Talent Programme’ and Indian engineers working at the AEM facility.

Both the leaders were briefed about AEM’s role in the global semiconductor value chain, its operations and plans for India.

Singapore Semiconductor Industry Association gave a briefing on the development of the semiconductor ecosystem in Singapore and opportunities for collaboration with India. Representatives of several other Singaporean companies from this sector were also present.

“Given our efforts to develop the semiconductor manufacturing ecosystem in India and Singapore’s strengths in this sector, both sides have decided to expand bilateral cooperation,” according to the MEA.

During the second meeting of the India-Singapore Ministerial Roundtable, both sides agreed to add advanced manufacturing, with a focus on semiconductors, as a pillar for enhancing bilateral cooperation.

According to the MEA, both sides have also concluded the MoU on India-Singapore semiconductor ecosystem partnership.

“This visit by both the Prime Ministers underscores the commitment of both sides to develop cooperation in this area. Prime Minister Modi conveyed his appreciation to Prime Minister Wong for joining him in this visit,” the MEA statement read.

Earlier this week, the Union Cabinet, chaired by PM Modi, approved the proposal of Kaynes Semicon Pvt Ltd to set up a semiconductor unit in Sanand, Gujarat, with an investment of Rs 3,300 crore. The proposed unit, under the India Semiconductor Mission (ISM), will produce nearly 60 lakh chips per day.

In March, PM Modi laid the foundation stone of three semiconductor projects worth Rs 1.25 lakh crore. As per reports, India’s semiconductor-related market will reach $64 billion in 2026, nearly triple the size in 2019.
 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Singapore:

Prime Minister Narendra Modi accompanied by his Singapore counterpart Lawrence Wong on Thursday visited a leading Singaporean company in the semiconductor and electronics sector and discussed ways for collaboration in this critical industry.

PM Modi is here on a two-day visit at the invitation of Singapore PM Wong.

Both the leaders visited AEM Holdings Ltd and were briefed about the company’s role in the global semiconductor value chain, its operations and plans for India, the Ministry of External Affairs said in a press statement.

“Boosting ties in the area of Advanced manufacturing. PM @narendramodi and PM @LawrenceWongST visited AEM Holdings Ltd. today, a leading Singaporean company in the semiconductors and electronics sector. The leaders held discussions with the stakeholders on opportunities for collaboration between India and Singapore in the field of semiconductors,” Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said in a post on X.

Singapore Semiconductor Industry Association gave a briefing on the development of the semiconductor ecosystem in Singapore and opportunities for collaboration with India, the statement said.

“Given our efforts to develop the semiconductor manufacturing ecosystem in India and Singapore’s strengths in this sector, both sides have decided to expand bilateral cooperation. During the 2nd meeting of the India-Singapore Ministerial Roundtable, both sides agreed to add advanced manufacturing, with a focus on semiconductors, as a pillar for enhancing bilateral cooperation,” the press statement said.

Both sides have also concluded the memorandum of understanding on India-Singapore Semiconductor Ecosystem Partnership, it said.

At the facility, both the leaders also interacted with Indian interns from Odisha’s World Skill Center undergoing training in Singapore as well as Singaporean interns who visited India under the CII-Enterprise Singapore India Ready Talent Programme and Indian engineers working at AEM.

“During the visit to AEM Holdings, PM @narendramodi and PM @LawrenceWongST also interacted with Indian interns from Odisha’s World Skill Center visiting Singapore as well as Singaporean interns who had visited India under the CII-Enterprise Singapore India Ready Talent Programme and Indian engineers working at AEM,” Jaiswal said in a post on X.

The visit to the company by both the leaders underscores commitment of both sides to develop cooperation in this area. Prime Minister Modi conveyed his appreciation to Prime Minister Wong for joining him in this visit, the statement said.

Prime Minister Modi also invited the Singaporean semiconductor companies to participate in the SEMICON INDIA exhibition to be held in Greater Noida on September 11-13, 2024.

PM Modi flew to Singapore on Wednesday after wrapping his visit to Brunei, the first bilateral visit there by an Indian prime minister.

He was accorded a warm welcome by the Indian community on his arrival here. 

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Prime Minister Narendra Modi being welcomed by Singapore Prime Minister Lawrence Wong during the latter’s ceremonial reception, at Parliament House, in Singapore.
| Photo Credit: PTI

Prime Minister Narendra Modi on Thursday (September 5, 2024) held a productive meeting with his Singapore counterpart Lawrence Wong during which they elevated the bilateral ties to a comprehensive strategic partnership.

Mr. Modi is in Singapore on a two-day visit at the invitation of Mr. Wong.

Ahead of the talks with Mr. Wong, Mr. Modi received a red carpet-welcome at the Singapore Parliament House. He also signed the visitor’s book there.

“A new chapter in – ties: Comprehensive Strategic Partnership established. PM @narendramodi and PM @LawrenceWongST held a productive meeting in Singapore today,” Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said in a post on X after the meeting.

“The leaders agreed to elevate the – ties to Comprehensive Strategic Partnership. They extensively reviewed various facets of the bilateral relationship covering areas of Advanced Manufacturing, Connectivity, Digitalisation, Healthcare & Medicine, Skills Development and Sustainability,” he said.

The meeting between the two leaders comes days after Mr. Wong took over and Mr. Modi began his third term as prime minister.

The two leaders also oversaw the exchange of four MoUs after the talks.

Later in the day, Prime Minister Modi will also call on President Tharman Shanmugaratnam.

He would call on Senior Minister Lee Hsien Loong and Emeritus Senior Minister Goh Chok Tong. Mr. Lee will host a lunch for Mr. Modi.

Mr. Modi will also meet with Singaporean business leaders and interact with those in the country’s semiconductor ecosystem.

Mr. Modi and Mr. Wong will also visit a semiconductor manufacturing facility.

Mr. Modi flew to Singapore on Wednesday after wrapping his visit to Brunei, the first bilateral visit there by an Indian prime minister.

He was accorded a warm welcome by the Indian community on his arrival.

Singapore:

Prime Minister Narendra Modi today held a productive meeting with his Singapore counterpart Lawrence Wong during which they elevated the bilateral ties to a comprehensive strategic partnership.

PM Modi is here on a two-day visit at the invitation of Singapore PM Lawrence.

Ahead of the talks with Singapore PM Wong, PM Modi received a red carpet-welcome at the Singapore Parliament House. He also signed the visitor’s book there.

“A new chapter in – ties: Comprehensive Strategic Partnership established. PM @narendramodi and PM @LawrenceWongST held a productive meeting in Singapore today,” Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said in a post on X after the meeting.

“The leaders agreed to elevate the – ties to Comprehensive Strategic Partnership. They extensively reviewed various facets of the bilateral relationship covering areas of Advanced Manufacturing, Connectivity, Digitalisation, Healthcare & Medicine, Skills Development and Sustainability,” he said.

The meeting between the two leaders comes months after Singapore PM Wong took over and PM Modi began his third term as prime minister.

The two leaders also oversaw the exchange of four MoUs after the talks. Later in the day, Prime Minister Modi will also call on President Tharman Shanmugaratnam.

He would call on Senior Minister Lee Hsien Loong and Emeritus Senior Minister Goh Chok Tong. Lee will host a lunch for Modi.

PM Modi will also meet with Singaporean business leaders and interact with those in the country’s semiconductor ecosystem.

PM Modi and Singapore PM Wong will also visit a semiconductor manufacturing facility.

PM Modi flew to Singapore on Wednesday after wrapping his visit to Brunei, the first bilateral visit there by an Indian prime minister.

He was accorded a warm welcome by the Indian community on his arrival here.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)