MFA Press Statement: Visit by the Confederation of Indian Industry Core Group, 8-9 November 2011

The Confederation of Indian Industry (CII) Core Group meeting with Emeritus Senior Minister Goh Chok Tong [Photo: MICA]

On 8 November 2011, the Confederation of Indian Industry (CII) Core Group, led by CII President and Chairman of Tata International Ltd. Mr B Muthuraman, called on Emeritus Senior Minister Goh Chok Tong, Minister for Foreign Affairs and Minister for Law K Shanmugam, and Minister for Trade and Industry Lim Hng Kiang.

The Core Group exchanged views with ESM Goh and the Singapore Ministers on global economic issues. They also provided an update on economic developments in India, including the recently announced National Manufacturing Policy which would streamline administrative and legal procedures for the creation of National Investment and Manufacturing Zones in various Indian states. Mr Muthuraman expressed CII's interest in working with Singapore companies to explore new investments under this new framework.

The CII Core Group has made annual visits to Singapore since 1993. The annual visit is aimed at deepening mutual understanding of developments in India and Southeast Asia, as well as enhancing bilateral economic cooperation.

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MINISTRY OF FOREIGN AFFAIRS
SINGAPORE
8 NOVEMBER 2011