Singapore has expressed its desire to participate in the retrofitting of Indian cities so as to upgrade the transportation sector, to help reduce congestion on the stressed infrastructure.
“We are looking at re-engineering transportation sector. It will be an opportunity for us to participate in the retrofitting of older Indian cities,” Yeoh Keat Chuan, Managing Director of the state-owned Economic Development Board, said.
It was also asked to increase focus on developing infrastructure in India with Singapore being an intermediary for funding projects. “The infrastructure that needs to be created should be competed for and collaborated with markets like Singapore,” Shyam Srinivasan, Chief Executive Officer, Federal Bank, said.
“Singapore can also assist India in its cleaning initiatives. It can help us design a strategy in cleaning,” Sam Pitroda, a former technology advisor to the Prime Minister of India, said. “Singapore’s message for India would be for urbanisation,” he added.
According to Pitroda, massive investment in machinery, training, logistics, support and landfill among others and a detailed plan will be required to clean India. It is very important for the country to develop its infrastructure to contribute in the ‘Make in India’ initiative.