Indian Businesses Prefer Singapore

A recent article in India’s The Economic Times quotes top managers from┬áseveral┬álarge Indian business groups on why they see significant advantages in basing their international operations out of Singapore, not just for Asian business but as a focal point for all of their international activities.

In addition to the ease of accessing capital markets via Singapore to finance their growing businesses, wealthy Indian families are also setting up family offices in Singapore to take advantage of tax preferences.

The article also discusses why Indian companies prefer Singapore over Hong Kong, which was historically a more popular centre for pan-Asian business.

It’s impressive to learn that over 6000 Indian businesses are registered in Singapore (of which 2000 maintain active operations here).

Click the link below to access the full article:

How Singapore is turning into India Inc’s gateway to the world [The Economic Times]