PM Modi Holds High-Level Talks with Malaysian Business Leaders, Sees Surge in Investment Interest

Prime Minister Narendra Modi, on an official visit to Malaysia at the invitation of Prime Minister Dato' Seri Anwar Ibrahim, held high-level discussions with the heads of some of Malaysia's most influential corporations, signaling deepening economic engagement between the two countries.

The meetings reflected growing confidence in India’s economic trajectory, with leaders from the energy, technology, and hospitality sectors indicating plans to significantly expand their presence in the Indian market.

Tengku Muhammad Taufik, President and Group CEO of PETRONAS, described his interaction with the Prime Minister as “wonderful” and praised PM Modi’s approach to nation-building.

“The Prime Minister is quite visionary about what he wants India to be. We spoke about how he'd like to build India, focusing on infrastructure and innovation like technology,” Taufik said.

Highlighting India’s economic transformation since 2014, Taufik termed the country a “high conviction market.”

PETRONAS Plans Major Expansion to Serve India’s Growing Energy Needs

He said the Malaysian oil and gas major is considering doubling its exposure in India over the next five years, a move that would significantly boost bilateral energy ties.

The proposed expansion would focus on building infrastructure to cater to India’s young and growing population.

Vincent Tan Chee Yioun, Founder and Chairman of Berjaya Corporation, also expressed admiration for the Prime Minister’s leadership.

“He's made India economically more successful... and I'm very impressed with him,” Tan said.

Tan, whose group is known for developing world-class luxury resorts, said Berjaya is exploring opportunities to bring its premium hospitality brand to New Delhi and Goa.

He also pointed to a strategic interest beyond tourism, particularly in India’s sustainability sector, with a focus on sanitary landfill waste management.

Phison Electronics Eyes Technology Transfer and Talent Development in India

KS Pua, CEO of Phison Electronics, lauded the Prime Minister’s “big ambition” for India’s semiconductor industry.

Pua said Phison’s plans in India extend beyond manufacturing. “We aim to transfer our technology and help train local talent in India to design silicon, firmware, software, and AI solutions,” he said.

He added that these efforts could, within a few years, enable India to develop its own technology cluster, owned and operated by Indian companies.

According to an official press release from the Government of India, Prime Minister Modi highlighted the initiatives and reforms undertaken to improve ease of doing business and ensure a predictable policy environment.

He encouraged greater engagement in sectors such as renewable energy, semiconductors, and healthcare, and expressed optimism that the discussions at the 10th India-Malaysia CEO Forum would usher in a new phase of trade and investment ties.

The industry leaders conveyed strong confidence in the vision of a Viksit Bharat and expressed keen interest in expanding joint ventures with Indian partners.

(With inputs from ANI)