TNPSC Thervupettagam

60 years of India Singapore relations

January 21 , 2025 7 hrs 0 min 48 0
  • India and Singapore unveiled a special joint logo to mark 60 years of diplomatic ties.
  • Bilateral trade expanded from USD 6.7 billion in FY 2004-05 to USD 35.6 billion in 2023-24, making Singapore India’s 6th largest trade partner.
  • India imported goods worth USD 21.2 billion from Singapore and exported USD 14.4 billion to Singapore.
  • Singapore was the largest source of FDI into India, with inflows of USD 11.774 billion.
  • The Cumulative FDI from Singapore (April 2000–Sept 2024) reached USD 167.47 billion, 24% of India’s total FDI.
  • Ethnic Indians make up around 9% of Singapore’s resident population (about 3.8 lakh), with an additional 3.8 lakh Indian expatriates residing in the country.

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