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India Singapore Relations: Trade, Diaspora, Economic, Strategic Importance for UPSC

India and Republic of Singapore work closely across various domains to further enhance their strategic partnership. Found in the Southeast Asia / Asia, Republic of Singapore contributes significantly to geopolitical stability and international security. In 1965, India and Republic of Singapore initiated diplomatic relations, marking the beginning of a cooperative journey. India and Republic of Singapore preserve a High Commission, ensuring robust bilateral interaction through embassies in each others capitals. The Key partner in ASEAN, Act East Policy, maritime security of India and Republic of Singapore relations often encompasses defense cooperation, economic partnerships, cultural exchanges, and common global security goals. 

  • India and Republic of Singapore collaborate in Trade, defense, technology, fintech, skill development, urban planning such as defense, nuclear energy, trade, space technology, oil and gas, cybersecurity, culture, and education. 
  • India and Republic of Singapore have entered into multiple agreements in sectors like CECA (2005), Strategic Partnership (2015), DTAA (revised 2016) to strengthen bilateral ties. 
  • India and Republic of Singapore recorded a trade value of USD 356 billion (FY 2023-24), marking a significant boost in bilateral trade. 
  • India supplies Petroleum products, ships, boats, electrical machinery, gold to Republic of Singapore under their strong trade relations, boosting bilateral economic growth and cooperation. 
  • India’s key imports from Republic of Singapore include Electronic components, coal, computer hardware, machinery, reflecting strong and continuous trade relations. 

India and Republic of Singapore share growing partnerships in MOUs in digital tech, semiconductors, education, skill development, supporting innovation and skill-building. In this article, key highlights include Bilateral Trade Volume, Top Exports and Imports, and Investment Flows with India Singapore Relations, essential for a nuanced GS Paper 2 and PSIR answer. 

India Singapore Relations Overview for UPSC

Country Name

Republic of Singapore

Region / Continent

Southeast Asia / Asia

Year of Establishment of Ties

1965

Level of Diplomatic Mission

High Commission

Strategic Importance

Key partner in ASEAN, Act East Policy, maritime security

Major Areas of Cooperation

Trade, defense, technology, fintech, skill development, urban planning

Key Bilateral Agreements

CECA (2005), Strategic Partnership (2015), DTAA (revised 2016)

Bilateral Trade Volume (Latest FY)

USD 356 billion (FY 2023-24)

Top Indian Exports to Partner

Petroleum products, ships, boats, electrical machinery, gold

Top Indian Imports from Partner

Electronic components, coal, computer hardware, machinery

Technology & Education

MOUs in digital tech, semiconductors, education, skill development

Indian Diaspora

Approximately 35 lakhs (91% of residents)

 

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India Singapore Relations Establishment of Diplomatic Ties

Historical connections such as India among first to recognize Singapore (1965) mark the beginning of India–Republic of Singapore relations. Leaders from both India and Republic of Singapore have made impactful visits in the past, including PM Lee Kuan Yew (1966, 1970, 1971), PM Indira Gandhi (1968), enhancing bilateral dialogue. 

  • Early ties, economic focus, strategic partnership, comprehensive strategic partnership reflect how the partnership between India and Republic of Singapore has developed over time.

India Singapore Relations - Establishment of Diplomatic Ties

Initial Engagements

India among first to recognize Singapore (1965)

High-Level Visits (Historic)

PM Lee Kuan Yew (1966, 1970, 1971), PM Indira Gandhi (1968)

Past Conflicts or Tensions

N/A

Phases of Engagement

Early ties, economic focus, strategic partnership, comprehensive strategic partnership

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Strategic & Political Cooperation of India Singapore Relations

India and Republic of Singapore share a Key partner in ASEAN, Act East Policy, maritime security that typically involves defense collaboration, economic alliances, cultural exchanges, and joint efforts on global security matters. 

  • Joint exercises (SIMBEX, Agni Warrior), training, technology collaboration between India and Republic of Singapore promotes regional security through joint exercises, strategic arms deals, and maritime partnerships. 
  • Joint Working Group, information sharing, capacity building involves India and Republic of Singapore improving national security through joint vigilance and intelligence coordination. 
  • MoU on cyber security (2015), cyber policy dialogue between India and Republic of Singapore enhances cyber resilience, supports tech transfer, and drives growth in the digital economy. 
  • India and Republic of Singapore collaborate through Commonwealth, EAS, G20 (Singapore guest), IORA, IONS, IPEF to address global challenges and promote cooperation. 
  • The two nations are advancing their Green energy, green hydrogen, International Solar Alliance, Global Bio-fuel Alliance by supporting joint projects in solar, wind, and energy storage sectors. 
  • The collaboration between India and Republic of Singapore in the domain of ISRO launched Singaporean satellites aims to enhance mutual research efforts, technology sharing, and exploration missions. 
  • India and Republic of Singapore have entered into agreements in areas such as Around 280 weekly flights, strong tourism to foster improved travel and bilateral engagement. 
  • Bilateral efforts like DTAA signed 2016 to check tax evasion reflect India and Republic of Singapores commitment to fostering a stable and transparent tax environment.

Strategic & Political Cooperation of India Singapore Relations

Strategic Importance

Key partner in ASEAN, Act East Policy, maritime security

Defense Cooperation

Joint exercises (SIMBEX, Agni Warrior), training, technology collaboration

Counter-terrorism / Intelligence

Joint Working Group, information sharing, capacity building

Cyber-security & Tech Sharing

MoU on cyber security (2015), cyber policy dialogue

Multilateral Groupings

Commonwealth, EAS, G20 (Singapore guest), IORA, IONS, IPEF

Energy Cooperation

Green energy, green hydrogen, International Solar Alliance, Global Bio-fuel Alliance

Space Cooperation

ISRO launched Singaporean satellites

Tourism & Air-Services Agreements

Around 280 weekly flights, strong tourism

Taxation Agreements

DTAA signed 2016 to check tax evasion

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Trade and Economic Overview of India Singapore Relations

  • Significant pacts covering areas like CECA (2005), Strategic Partnership (2015), DTAA (revised 2016) have been established between India and Republic of Singapore to strengthen collaboration. 
  • The bilateral trade between India and Republic of Singapore stands at USD 356 billion (FY 2023-24), reflecting increasing economic interdependence. 
  • Investment flows account for Singapore largest FDI source for India (USD 1177B FY24), together with significant collaborative ventures between India and the foreign counterpart. 
  • Platforms like India-Singapore Ministerial Roundtable (ISMR), Joint Ministerial Committee, typically held every year or two, are crucial for reviewing and enhancing the trade and investment partnership. 
  • Trade between the two countries includes exports from Republic of Singapore valued at USD 212 billion (FY 2023-24). 
  • India’s export ties with Republic of Singapore are driven by goods like Petroleum products, ships, boats, electrical machinery, gold, which support long-term trade relations. 

India’s export value to Republic of Singapore stood at USD 144 billion (FY 2023-24) in recent trade data. A number of Indian enterprises, including Approximately 9000 Indian companies registered, are contributing to the economy of Republic of Singapore.

Trade and Economic Overview of India Singapore Relations

Bilateral Trade Volume (Latest FY)

USD 356 billion (FY 2023-24)

Top Indian Exports to Partner

Petroleum products, ships, boats, electrical machinery, gold

Top Indian Imports from Partner

Electronic components, coal, computer hardware, machinery

Key Bilateral Agreements

CECA (2005), Strategic Partnership (2015), DTAA (revised 2016)

Investment Flows (FDI both ways)

Singapore largest FDI source for India (USD 1177B FY24)

Joint Economic Commissions / Dialogues

India-Singapore Ministerial Roundtable (ISMR), Joint Ministerial Committee

Lines of Credit

N/A

Export to India (In $)

USD 212 billion (FY 2023-24)

Import from India (In $)

USD 144 billion (FY 2023-24)

Indian Companies Operating There

Approximately 9000 Indian companies registered

Socio-Cultural & Diaspora Engagement

The Indian and Republic of Singapore diaspora actively contribute to the growth of Strengthens cultural, economic ties, bridge between nations, strengthening their bilateral ties. Through Regular exchanges, Indian Heritage Centre, Thiruvalluvar Cultural Centre announced, India and the other country share traditions and build friendly relations. Educational ties between India and the other country are growing through MoU on education and skill development, skill centers. 

  • The Indian-origin population in Republic of Singapore helps solidify the cultural and economic ties between the two countries. 
  • Through the strategic application of Defence cooperation, cultural diplomacy, education, tourism, India and Republic of Singapore enhance their position in global affairs and expand their influence.

Socio-Cultural & Diaspora Engagement

Indian Diaspora

Approximately 35 lakhs (91% of residents)

Diaspora Remittances

N/A

Role of Diaspora

Strengthens cultural, economic ties, bridge between nations

Cultural Exchanges

Regular exchanges, Indian Heritage Centre, Thiruvalluvar Cultural Centre announced

Education Cooperation

MoU on education and skill development, skill centers

Hard Power & Soft Power Instruments

Defence cooperation, cultural diplomacy, education, tourism

India Singapore Relations Recent Developments

PM Modi (Sep 2024), Singaporean President (Jan 2025) reflect the importance both countries place on regular dialogue and strategic alignment. With MoUs: digital tech, semiconductors, health, skills (Sep 2024), both nations have either reaffirmed existing frameworks or initiated new areas of discussion. 

  • India and Republic of Singapore are currently engaged in Skill development centers, Green Digital Shipping Corridor, aimed at enhancing mutual cooperation. 
  • Efforts are ongoing to overcome Trade imbalance, roundtripping concerns, regional geopolitical shifts, which affect bilateral cooperation. 
  • Discussions between India and Republic of Singapore often emphasize expanding Deepening CSP, third CECA review, enhanced connectivity, innovation.

India Singapore Relations Recent Developments & Future Outlook

Recent High-Level Visits

PM Modi (Sep 2024), Singaporean President (Jan 2025)

Recent Agreements Signed

MoUs: digital tech, semiconductors, health, skills (Sep 2024)

Ongoing Projects

Skill development centers, Green Digital Shipping Corridor

Challenges / Issues

Trade imbalance, roundtripping concerns, regional geopolitical shifts

Future Prospects

Deepening CSP, third CECA review, enhanced connectivity, innovation

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UPSC Relevance of India Singapore Relations

  • Knowledge of India–Republic of Singapore ties aids in answering map-based or factual questions related to international groupings and summits.
  • Interlinking bilateral ties with India’s strategic autonomy or multilateral engagement adds depth to GS answers.
  • The bilateral framework showcases how India’s foreign policy aligns with constitutional and ethical principles.
  • Geography optional can use trade flows, diaspora locations, and economic linkages as applied case studies.

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