Mumbai, October 29, 2025 – Singapore's High Commissioner to India, Simon Wong, has expressed his gratitude to Prime Minister Narendra Modi for acknowledging Singapore's significant investments in the Mumbai port sector during his address at the India Maritime Week 2025. The acknowledgment highlights the deepening economic ties between the two nations and Singapore's role as a key foreign investor in India's maritime infrastructure.
Prime Minister Modi, speaking at the Maritime Leaders Conclave in Mumbai, emphasized the Jawaharlal Nehru Port Trust (JNPT) had become India's largest container port. He attributed this achievement to the substantial foreign direct investment (FDI) in the port sector, with specific recognition given to Singapore for its valuable partnership. Modi noted the commencement of Phase 2 of the Bharat Mumbai Container Terminal at JNPT, which has effectively doubled the terminal's handling capacity, solidifying its position as India's largest container port. He credited this expansion to the significant FDI received, expressing his appreciation for Singapore's contribution.
Wong conveyed his appreciation in a post on X, stating, "A big thank you to PM @narendramodi for mentioning the launch of PSA Mumbai's Phase 2 Terminal Expansion today at the #IndiaMaritimeWeek2025! is glad to be India's largest foreign investor, including in port infrastructure". He further added that Singapore is "proud to be a partner country and looks forward to partnering India as it further grows its maritime industry".
The Bharat Mumbai Container Terminal, operated by PSA International of Singapore, represents the largest single FDI in India's maritime sector, totaling $1.3 billion. The terminal boasts a handling capacity of 4.8 million TEUs and features a 2,000-meter wharf, the longest in the country, poised to revolutionize India's maritime infrastructure. Port authorities have emphasized that the new terminal will significantly enhance India's trade efficiency and global connectivity.
India Maritime Week 2025, held in Mumbai from October 27th to 31st, serves as a platform for global maritime leaders to discuss sustainable maritime growth, resilient supply chains, and the blue economy. This year's event is expected to draw participation from over 85 countries, with over 100,000 delegates and more than 350 international speakers. The event also anticipates the execution of over 600 Memorandums of Understanding (MoUs), representing over Rs. 10 lakh crore in investment commitments.
Beyond port investments, Singaporean companies have been deepening their engagement in Maharashtra's infrastructure development. In August 2025, CapitaLand Investment (CLI) inaugurated its first data center in Navi Mumbai, with investments in business parks, data centers, and industrial parks across Mumbai and Pune. Mapletree Investments also revealed plans to invest in industrial and logistics parks and data centers throughout Maharashtra.
Prime Minister Modi, during his address at India Maritime Week 2025, highlighted India's commitment to modernizing its maritime laws and enhancing port efficiency. He noted that India's ports are now among the most efficient in the developing world, with performance in many areas exceeding those in developed nations. He also mentioned key achievements, including the operationalization of India's first deep-water international transshipment hub at Vizhinjam Port and the launch of a megawatt-scale indigenous green hydrogen facility at Kandla Port.
