Speaking at the 90th anniversary dinner of the Singapore Indian Chamber of Commerce and Industry, Prime Minister Lee Hsien Loong also said that Indian businesses in Singapore were well-placed to take advantage of India's growth.
They include Mr Ricky Kok from F&B firm Chang Cheng Group, and Mr Parthiban M from Luvenus Jewellery.
The exchange and clearing house was also named the Asia Central Counterparty of the Year and Clearing House of the Year.
UOB said ASEAN only needed to grow at two-thirds the pace seen between 2001 and 2013 to overtake Japan by 2025.
The inaugural fair will take place over two days starting Friday (Sep 26) and feature more than 20 companies, training service providers and Institutes of Higher Learning.
Singapore investors have sunk in more than S$6.68 billion in the sector since 2005, according to a CBRE report.
The biomedical and electronics clusters saw the biggest growth in manufacturing output last month, rising by 9.7 per cent and 7.2 per cent respectively.
The proposed acquisition will allow Teho to expand its operations in the local and overseas property market.
Currently, only 8 per cent of Singaporeans aged 18 and above actively invest in stocks. That figure is about half the rate in Australia and one-third of that in Hong Kong.
The partnership will help companies strengthen their ability to cope with Distributed Denial-of-service (DDoS) attacks and other web attacks, SingTel said.