Singapore Indian business community welcomes Indian Union Budget

The Singapore Indian business community head on Monday welcomed the 2026-27 Union Budget and said it reflects Indias continued commitment to long-term, sustainable growth anchored in infrastructure development, digitalisation, innovation and fiscal discipline. The chamber function as a gateway of opportunities for Indian business in Singapore, helping both home-grown and international companies realise their full potential.


PTI | Singapore | Updated: 02-02-2026 07:14 IST | Created: 02-02-2026 07:14 IST
Singapore Indian business community welcomes Indian Union Budget
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The Singapore Indian business community head on Monday welcomed the 2026-27 Union Budget and said it reflects India's continued commitment to long-term, sustainable growth anchored in infrastructure development, digitalisation, innovation and fiscal discipline. Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 in the Parliament on Sunday. Singapore Indian Chamber of Commerce and Industry (SICCI) said, ''For Singapore-based businesses and the Indian diaspora, the Budget reinforces India's focus on strengthening manufacturing, MSMEs, green transition and technology-led productivity areas where Singapore–India collaboration remains both relevant and mutually beneficial.'' SICCI welcomes measures that enhance ease of doing business, promote skills development and support entrepreneurship, while creating pathways for deeper trade, investment and talent linkages between India, Singapore and the wider region, SICCI Chairman Neil Parekh said in a statement. The century-old SICCI serves as a connector, enabler, and advocator, helping companies grow both locally and internationally to its 656 members. The chamber function as a gateway of opportunities for Indian business in Singapore, helping both home-grown and international companies realise their full potential.

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