Singapore SMEs urged to consider Uttar Pradesh for overseas expansion

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THE Uttar Pradesh state of India holds out opportunities that Singapore's small and medium-sized enterprises (SMEs) can consider when planning their overseas expansions, leaders from the local Indian business community said in a webinar on Thursday. Read more at The Business Times.

"It's good that Singapore investors learn about a new place, a new territory, and we can then spread our wings further," said Mr Banerjee.

Tay Lian Chew, global markets director for South Asia at ESG, said the statutory board has three overseas centres in India, which have helped brands like Capitaland, Tong Gardens and Breadtalk expand to the country. Other opportunities for collaboration lie in India's startup scene and ecosystem. ESG launched a Global Innovation Alliance with India last year to promote a two-way flow of startups and ecosystem players.

"We will also be linking up Indian startups who could benefit from Singapore's ecosystem. We will be keen to work with startups and ecosystem players in Uttar Pradesh to explore similar collaborations."

 

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