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Tata Capital, EDB sign pact to promote investment

Last Updated 26 March 2012, 19:09 IST

Tata Capital Pte Limited (TCPL) and the Economic Development Board (EDB) of Singapore signed a Memorandum of Understanding (MoU) to leverage on each other’s strengths to reach out to companies in various countries, specifically India, to explore business opportunities in Singapore.

Said Tata Capital's MD  & CEO Praveen P Kadle,  “More and more Indian companies are today looking for growth opportunities in Asia.... By working with EDB of Singapore, we will be in the best position to help those companies leverage Singapore’s regional and international influence and outreach and in return, contribute to Singapore’s long term prosperity.”

Under the MoU, Tata Capital Pte Ltd will facilitate collaboration and information exchange between companies.

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(Published 26 March 2012, 19:09 IST)

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