Strategic visit to Mumbai highlights new milestones in maritime trade, digital infrastructure, and bilateral business cooperation
Mumbai, August 2025 – A working visit to Mumbai has spotlighted Singapore’s growing investment footprint in India, as new developments in maritime logistics and digital infrastructure reinforce the countries’ strategic and economic ties.
A key highlight of the visit was the tour of PSA’s Bharat Mumbai Container Terminal (PSA Mumbai) Phase 2. Building on the success of Phase 1, this latest expansion cements PSA Mumbai’s status as India’s largest single container terminal. With enhanced capacity and operational efficiency, the terminal will significantly boost India’s maritime connectivity and trade flows with Asia and beyond.
The visit also marked the official inauguration of CapitaLand Investment’s new data centre in Mumbai—one of four greenfield projects being developed across India’s major digital hubs, including Chennai, Hyderabad and Bangalore. These projects are set to accelerate the growth of India’s digital economy while fostering sustainable, smart infrastructure.
Further strengthening economic cooperation, three Memorandums of Understanding (MoUs) were signed between major Singapore entities and the Government of Maharashtra. These include agreements by Mapletree Investments, Manipal Health Enterprises, and CapitaLand Investments—demonstrating the diversity of Singapore’s investments across real estate, healthcare and technology.
Together, these developments underscore Singapore’s long-term commitment to deepening collaboration with India. As bilateral ties continue to grow under the Comprehensive Strategic Partnership framework, such initiatives reflect not just economic synergy, but a shared vision for sustainable and inclusive development. Businesses in Singapore are encouraged to tap into India’s dynamic market and emerging opportunities across sectors.
Source: Indian High Commission in Singapore
