New opportunities for Singapore investors in India's building industry

INDIA is considered to be one of the fastest-growing global economies and ranked among the top three most attractive destinations for inbound investments.

In November 2015, India further liberalised its foreign direct investment (FDI) rules to encourage more foreign investment into the country. The liberalisation is two-fold:

Of these changes, the liberalisation in the construction sector is most interesting from Singapore's perspective. After all, Singapore has had tremendous experience in building its own infrastructure, putting the city-state in a good position to share its construction development expertise with India.