Singapore team upbeat about Coimbatore

The direct flight connectivity between Coimbatore and Singapore will help build stronger connections between industries, according to George Abraham, who heads a business delegation from Singapore.

The Federation of Indian Chambers of Commerce and Industry-Singapore Business Federation delegation held meetings with members of the Indian Chamber of Commerce and Industry, Coimbatore, on Monday.

Mr. Abraham told presspersons that Coimbatore was a city that had tremendous potential to do business with. There was a lot more here apart from textiles and machine tools.

The direct flight service between Singapore and Coimbatore not only opened the gate for more tourism business but also for stronger connection between the industries. Singapore was the 13th largest trading nation in the world.

“Our turnover of trade is tremendous. Our manufacturing companies have been able to value add, move up in manufacturing and are willing to work with partners here,” he said.

Some of the areas that could be explored for business association were engineering, tourism and agriculture product processing.

The companies here could join hands with those in Singapore to move goods to larger markets. Maybe companies here needed co-branding, additional machinery etc. and, they would be able to get this by partnering with those in Singapore. “Our companies will be looking for manufacturing partners,” he said.

“By partnering, if we can have growth of industries here that will be able to service South East Asian countries and more, why not look at it,” he said.