The Indian prime minister had also visited Italy, Russia, Ukraine, Poland and Brunei in the last three months since his reelection.
"There are going to be some further steps announced in the areas of mutual collaboration. I expect quite a few of them to come in the field of finance, technology and business. They have been the cornerstones of the India-Singapore operation," said Amitendu Palit of the Institute of South Asian Studies.
"Singapore has consistently been a friend of India in the region, and has advocated for partnering with India," Anit Mukherjee, a senior lecturer at King's College London, told CNBC."India would want to emulate this exemplary bilateral partnership with other countries in the region.", with 3.2% share of India's overall trade. Imports from Singapore in financial year 2024 amounted to $21.2 billion, while exports totaled $14.4 billion.
"The India-Singapore relationship has always been stable and strong. It is now expected to move to the next phase of collaboration which will be both an economic and strategic collaboration based on areas of long-term interest," Amitendu Palit, a senior research fellow and research lead of trade and economics at the Institute of South Asian Studies, told CNBC.
Political analysts told CNBC that any outcomes from that meeting will likely be presented during Modi's visit.
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