Prime Minister Narendra Modi on Sunday interacted with leading Malaysian industry leaders and underscored India’s position as a high-growth investment destination, while appreciating the growing interest of Malaysian companies in the “Indian growth story.”
According to a statement issued by the Ministry of External Affairs (MEA), the Prime Minister welcomed the strengthening business-to-business (B2B) ties between India and Malaysia and encouraged deeper engagement across key sectors.
Mr. Modi met Tengku Muhammad Taufik, President and Group CEO of PETRONAS; Vincent Tan Chee Yioun, Founder of Berjaya Corporation Berhad; Amirul Feisal Wan Zahir, Managing Director of Khazanah Nasional Berhad; and Pua Khein Seng, Founder of Phison Electronics.
During his meeting with Tengku Muhammad Taufik, discussions focused on enhancing energy cooperation and exploring new opportunities in renewables and clean fuels, including green hydrogen and green ammonia. MEA spokesperson Randhir Jaiswal noted that PETRONAS has maintained a diversified presence in India for over three decades, spanning LNG, petrochemicals and emerging green energy solutions.
Vincent Tan conveyed Berjaya Corporation’s interest in expanding its footprint in India’s fast-growing services and consumer sectors, while Pua Khein Seng expressed Phison Electronics’ intent to participate in India’s rapidly expanding technology and innovation ecosystem, including the semiconductor industry.
Amirul Feisal Wan Zahir highlighted India’s economic transformation and described the country as a high-potential market for long-term investments.
The Prime Minister outlined the reforms and initiatives undertaken in recent years to improve ease of doing business and ensure a stable, efficient and predictable policy environment. He invited Malaysian businesses to explore opportunities in sectors such as infrastructure, renewable energy, digital technologies, semiconductors, artificial intelligence and healthcare.
The industry leaders welcomed the reforms introduced by the Government of India and expressed strong confidence in India’s growth trajectory. They conveyed their keen interest in expanding investments and exploring joint ventures with Indian partners.
Mr. Modi also interacted with CEOs from both India and Malaysia, noting that the CEO Forum has opened new avenues for bilateral trade and investment.
Commending the successful convening of the 10th India-Malaysia CEO Forum held in Kuala Lumpur on Saturday, the Prime Minister expressed optimism that the forum’s deliberations would further deepen trade and investment ties between the two countries.
