‘A true friend of S’pore’: Billionaire Ratan Tata’s links with Republic went beyond just business

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Mr Tata’s investments and business acumen helped Singapore tap into higher value-added growth areas.

Mr Ratan Tata seen here at the official launch of the SMU Institute for Societal Leadership on Nov 7, 2016. Also present was then-Deputy Prime Minister and current President Tharman Shanmugaratnam .

“He was a strong advocate of our country, and made valuable contributions to our economic transformation,” he said. “He was always generous with his time and advice to Singapore institutions, serving on the advisory boards of EDB , MAS , and Temasek. Singapore has been used as a springboard by the group to make inroads into the rest of the Asia-Pacific, where it now has more than 16 operating companies that employ more than 7,000 people in the region.

Mr Tata was also crucial in a landmark joint venture between Tata Industries and a Singapore consortium led by Ascendas, in collaboration with the Karnataka state government in India, to establish the International Tech Park in Bangalore, Mr Png added.“On behalf of the EDB team, both past and present, I would like to place on record our gratitude to Mr Ratan Tata for building a strong foundation for this partnership.

 

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