Singapore’s Deputy PM Gan Kim Yong visits Mumbai ahead of 3rd India-Singapore Ministerial Roundtable in New Delhi
MUMBAI/SINGAPORE: Singapore’s Deputy Prime Minister (DPM) and Minister for Trade and Industry Gan Kim Yong made a working visit to Mumbai, Maharashtra on 12 August 2025. He visited two significant investments by Singapore companies – PSA’s Bharat Mumbai Container Terminal (PSA Mumbai) Phase 2 and CapitaLand Investment’s (CLI) new Data Centre in Navi Mumbai. These investments underscore the growing bilateral economic partnership between Singapore and India, and Singapore’s confidence in India’s long term economic trajectory. DPM Gan was accompanied by Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow.
At the visit to PSA Mumbai Phase 2, DPM Gan, together with the Chief Minister of Maharashtra Devendra Fadnavis, toured the port facilities and received a briefing by PSA on how the development of Phase 2 will bolster India’s trade and maritime connectivity with other regions. During the visit, DPM Gan also witnessed the signing of a Memorandum of Understanding (MOU) between Mapletree Investments Pte Ltd and the Government of Maharashtra to commit Foreign Direct Investments equivalent to INR3,000 crores in Maharashtra through the development of industrial parks, logistics parks and data centres.
With the addition of Phase 2, PSA Mumbai is now the largest single container terminal in India, with a total handling capacity of 4.8 million twenty-foot equivalent units (TEUs). Additionally, PSA Mumbai Phase 2 is the longest container terminal in India with 2,000 metres of quay length. PSA has invested S$1.7 billion (US$1.3 billion) to develop the entire PSA Mumbai.
DPM Gan also inaugurated CLI’s new state-of-the-art data centre in Navi Mumbai alongside Chief Minister Fadnavis. CLI is investing US$453 million in this facility through its business trust, CapitaLand India Trust (CLINT). This data centre has Artificial Intelligence-enabled features and is one of the largest liquid-cooled data centres in the Asia Pacific. This data centre is one of four new greenfield data centres that CLI is developing in India over the next few years, with a total capacity of 244 MW. At the event, DPM Gan witnessed the signing of Memoranda of Understanding between i) CLI and the Maharashtra Government, outlining CLI’s investment plans to expand in the state, and ii) Manipal Health Enterprises Private Limited (MHEPL) and the Government of Maharashtra to facilitate the proposed investment by MHEPL in constructing and running a multi-specialty hospital in Nagpur.
DPM Gan’s visit to Mumbai preceded the 3rd India-Singapore Ministerial Roundtable (ISMR), which will be held from 13 to 14 August 2025 in New Delhi. The ISMR serves as a key platform for both countries to strengthen collaboration across various sectors and advance bilateral relations.