Some Singapore firms are setting up operations in Indian cities as they search for a bigger talent pool, quicker production, and cheaper labour and material costs. Bengaluru and Chennai, among the fastest growing cities in the world, have attracted companies across industries including those specialising in robotics, manufacturing and waste management. Industry observers said foreign companies are increasingly turning to India as part of their expansion strategy due to appealing policies and a pro-business environment.
Among the Singapore technology firms that have established a presence in India is robotics start-up Botsync, which builds autonomous industrial robots for transporting large items in places such as factories. The company set up its research and development lab in Bengaluru, attracted by the technology hub’s large pool of digital and artificial intelligence (AI) talent. On the other hand, Chennai has a diverse manufacturing sector including automobiles, textiles, and chemicals. Singapore firm Venturer, which specialises in sustainable timber used in the design of buildings, set up a plant in Chennai to make components for construction projects more efficiently.
In the waste management sector, Singapore firm Blue Planet Environmental Solutions sees a huge potential opportunity in India to solve the problem of waste disposal and recycling. Chennai, a city producing more than 5,000 tonnes of waste each day, offers a chance for companies like Blue Planet Environmental Solutions to maximise the processing of waste and clear existing landfills. In Bengaluru, e-waste solutions company Vans Chemistry is capitalising on India’s young population and digital boom by dismantling discarded electronic parts and recovering precious metals.
Overall, Singapore firms are leveraging the advantages of Indian cities such as access to a larger talent pool, quicker production capabilities, and lower costs. The stable government, proactive policies, and strategic location of these cities also make them ideal for businesses looking to expand into other regional markets. With the growth potential and opportunities offered by Indian cities, more Singapore firms are expected to establish operations and tap into India’s market.
