Published On: Thu, Dec 17th, 2009

Singapore to help India setup 14 innovation Universities

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India and Singapore will cooperate with each other in setting up 14 innovation Universities in India, declared Kapil Sibal, minister of Human Resource and Development, Government of India. He said India needs 21st century Universities to bridge the huge skill shortage gap and added that Singapore can be the best country to partner with in this area. Sibal was speaking at the inaugural session of the Singapore Symposium, jointly organised by the Confederation of Indian Industry (CII) and the Institute of South Asian Studies (iSAS). He identified infrastructure, education, and skill development as the potential areas of cooperation between India and Singapore.

On infrastructure, he said, India is grappling with the challenge of building architecture for 21st century cities and added that cooperation with Singapore in this sector can be beneficial in identifying a possible solution. In education and skill development, he said Singapore has achieved an enormous level of excellence in innovation and India is rich in skilled manpower, greater cooperation between the two countries can result in win-win opportunities for the two countries.

Sibal said, India has very recently initiated steps to reform the education sector and added that positive results are expected by 2014. He also added that Government is not opposed to Indian Institute of Technology (IIT) opening their branches outside of India.

Philip Yeo, chairman, The Standards Productivity and Innovation Board and Special Advisor for Economic Development, Prime Minister’s Office, Singapore in his presentation shared his experience of setting up the IT Park in India.

Ambassador Gopinath Pillai, chairman, Institute of South Asian Studies (iSAS) said Singapore has achieved a level of progress which may be of relevance to India and identified infrastructure, education and governance as the possible areas of cooperation between the two countries.

Earlier,  Tarun Das, former chief mentor, Confederation of Indian Industry (CII), said the bilateral relationship between India and Singapore has witnessed significant upturn since the ratification of the Comprehensive Economic Cooperation Agreement between the two countries in 2005. He said Singapore is the second largest foreign investor in India and expressed hope that the Singapore Symposium would lead to a new wave of economic cooperation between the two countries.