Singapore Business Federation Eyes New Office in Bengaluru
The Singapore Business Federation (SBF) is contemplating establishing an office in Bengaluru. During a meeting with Karnataka Industries Minister MB Patil, SBF's Vice Chairman expressed confidence in creating a 'Singapore in Bengaluru' if given the necessary support. Patil assured them of all required infrastructure and invited them to the state's Global Investors Meet in 2025.
The Singapore Business Federation (SBF) on Monday expressed interest in setting up its office in Bengaluru during a meeting with Karnataka Large and Medium Industries Minister MB Patil, officials said.
The high-level delegation, led by Prasoon Mukherjee, Vice Chairman of SBF, assured the minister that they could create a 'Singapore in Bengaluru' if the state government extended its cooperation, they said.
The delegation emphasised that SBF has the necessary expertise and investment potential to make this vision a reality, officials said.
Responding positively to the SBF leaders' proposal, Patil said that the government would provide all the required infrastructure, including land, water, power, and connectivity.
'We will stay in continuous touch with SBF to facilitate their investment in the state,' he said.
The minister also invited the entrepreneurs associated with SBF to participate in Karnataka's flagship event, 'Global Investors Meet', scheduled to be held from February 12-14, 2025.
(With inputs from agencies.)
ALSO READ
Jio and BlackRock Form Investment Advisory JV
President Akufo-Addo Advocates for Increased Chinese Investment at China-Ghana Business Forum
Empowering Small Businesses to Drive Energy-Efficient and Low-Carbon Investments
Uttar Pradesh Residents Nabbed in Multi-Crore Investment Fraud
EU's Urgent Economic Challenge: Coordinated Policy, Rapid Decisions, and Massive Investment Needed, Warns Draghi