PM Modi Woos Malaysian Biz: Explore India's Growth in Tech, Energy & More

Prime Minister Narendra Modi interacted with top Malaysian industry leaders, encouraging them to explore vast opportunities in India's growing economy. He highlighted recent reforms aimed at improving ease of doing business and creating a stable policy environment. The business leaders expressed strong confidence in India's growth story and conveyed interest in expanding investments and joint ventures. Separately, Modi and Malaysian PM Anwar Ibrahim reaffirmed a joint commitment to combat terrorism in all its forms.

Key Points: Modi Urges Malaysian Firms to Invest in India's Growth Sectors

  • Modi meets Malaysian CEOs
  • Highlights India's reforms & stable policy
  • Focus on infra, renewables, digital tech
  • Leaders keen to expand India presence
  • Condemnation of cross-border terrorism
2 min read

PM Modi encourages Malaysian businesses to explore huge India opportunities

PM Modi encourages Malaysian business leaders to explore opportunities in India's infrastructure, renewable energy, digital tech, and healthcare sectors.

"appreciated the reforms... and expressed strong confidence in India's growth story - Official Statement"

Kuala Lumpur, Feb 8

Prime Minister Narendra Modi interacted with four leading industry leaders from Malaysia and appreciated the growing business-to-business connections between the two countries and the strong interest of Malaysian companies in the Indian growth story, an official statement said on Sunday.

Moreover, the Prime Minister encouraged businesses in Malaysia to explore the opportunities offered by India, particularly in the areas of infrastructure, renewable energy, digital technology, semiconductors, AI, and healthcare, among others.

According to an official statement, PM Modi met PETRONAS President and Group CEO Tan Sri Tengku Muhammad Taufik, Berjaya Corporation Berhad Founder Tan Sri Dato' Seri Vincent Tan Chee Yioun, Khazanah Nasional Berhad Managing Director Dato' Amirul Feisal Wan Zahir, and Phison Electronics Founder Dato Pua Khein Seng.

The statement further stated that PM Modi mentioned the initiatives and reforms undertaken in India in recent years to promote ease-of-doing-business and create a stable, efficient and predictable business and policy environment.

The Prime Minister commended the convening of the 10th India-Malaysia CEO Forum in Kuala Lumpur on Saturday and expressed optimism that its deliberations will lead to deepening India-Malaysia trade and investment ties.

"The industry leaders appreciated the reforms undertaken by the Government of India towards making a Viksit Bharat, and expressed strong confidence in India's growth story," said the statement.

They conveyed their keen interest in increasing their business presence in India by expanding their investment portfolios and exploring joint ventures with Indian counterparts.

Earlier, PM Modi and his Malaysian counterpart, Anwar Ibrahim, condemned terrorism in all its forms and manifestations, including cross-border terrorism. The two leaders called for zero tolerance of terrorism and concerted international efforts to combat it in a comprehensive and sustained manner.

They agreed to counter radicalisation and violent extremism, combat financing of terrorism, and prevent the use of new and emerging technologies for terrorist purposes, through cooperation in information and knowledge sharing, exchange of best practices, and capacity building.

- IANS

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Reader Comments

P
Priya S
Good to see focus on semiconductors and AI. We need to become a global hub for these sectors. Hope the ease-of-doing-business reforms are felt on the ground by small and medium enterprises too, not just large foreign corporations.
R
Rohit P
The part about condemning cross-border terrorism is crucial. Strong international partnerships are needed to isolate those who sponsor terror. Business and security go hand in hand for a stable growth environment.
S
Sarah B
While attracting foreign investment is great, I hope there is equal emphasis on ensuring these joint ventures create high-quality jobs for Indians and involve genuine technology transfer. Sometimes deals look good on paper but benefits are limited.
V
Vikram M
PETRONAS showing interest is a big deal for our energy sector. Collaborations in renewable energy can help us achieve our green goals faster. Jai Hind!
K
Karthik V
'Viksit Bharat' is not just a slogan. When global CEOs express confidence in our story, it shows the world is taking notice of India's transformation. Let's keep the momentum going!

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