Singapore, June 1 (PTI) India's infrastructure and manufacturing sectors will be the most attractive investment opportunities for Singapore companies, The Straits Times reported today.
It cited Sandeep Uppal, the Managing Director and Head of Commercial Banking at HSBC India, highlighting the Indian government's plans to set up manufacturing and investment zones to encourage investment in metals, textiles, chemicals, food and agriculture among others.
He also pointed out the transition from government control to public-private partnerships in infrastructure in India, adding that the private sector would play a key role in the developments of power, railways, ports and urban infrastructure.
These infrastructure developments would create demand for construction equipment and machinery, Uppal told a seminar organised by the International Enterprise Singapore, a state-owned trade promotion agency.