Rama Krishna Sangem
Singapore can play a larger role in the Indian financial sector by large Singaporean banks and NBFCs and PE funds making more investments in Indian banks, NBFCs etc, similar to DBS Bank’s investment in LVB, said Investment banker and Tech entrepreneruer Sudhakar Gande. He was addressing a session at the two-day 2025 Horasis India meeting in Singapore on December 16.
The 2025 Horasis India Meeting is held in Singapore from December 15 to 16 in partnership with the Confederation of Indian Industry (CII) and Global Schools Group (GSG). Gande said the such investments can cover the entire country and not just a few pockets in India where they are currently operating.
“Indian government makes selective policy changes which are good for both the countries to attract more investments from Singapore and Singapore companies,” said Sudhakar Gande. Singapore government and its companies can collaborate with India and Indian companies in areas where Singapore is strong like semiconductors eco systems, electronics manufacturing, clean energy, sustainable healthcare, life sciences, real estate, infrastructure and FinTech and digital services etc, benefiting mutually, he said.
Gnade spoke about successful joint venture between Neptune General Ltd (NGL), Singapore, which is among top ten companies in Singapore stock exchange and Hindustan Infrastructure projects private limited. Tamaseck is the majority share holder in NGL. The joint venture ran container trains in India under the brand IndiaLinx and recorded a turn over of more than Rs 500 crore within first six years of operations, said Sudhakar Gande. He was the director of the JV and he explained the steps taken to make it a big success.
India, new engine of global growth
India is emerging unequivocally as a new engine of global growth: underpinned by its digital expansion, growing manufacturing capabilities and rising consumer base, the country is shaping global economic trends. Holding the Meeting in Singapore – itself a hub for Indian firms and a strategic gateway into ASEAN and beyond – underscores how Singapore and India are deepening their business and innovation partnership across sectors.
Attended by the CEOs of 250 of India’s and the world’s leading enterprises, as well as senior government representatives and thought leaders, the Horasis India Meeting will explore new pathways for collaboration, growth, and innovation. Participants will discuss how India’s rise can energize global value chains and inspire new partnerships across regions and sectors..
Wider issues relating to Indian economy
The Horasis India Meeting has become the foremost annual meeting of Indian business leaders and their global counterparts. With this meeting, Horasis offers business and government a platform to discuss a wide range of issues related to the Indian economy.
Horasis was established in 2005 to address this reality and help to inspire long-term solutions to complex economic and social trends through its global visions community. Founded and chaired by Dr. Frank-Jürgen Richter, Horasis is an independent, international think tank headquartered in Zurich, Switzerland.
