Kuala Lumpur, February 8 Prime Minister Narendra Modi interacted with four leading Malaysian industry leaders on Sunday and praised the strong interest of Malaysian companies in the "Indian growth story."
Modi met with 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.
"The Prime Minister appreciated the growing B2B connections between India and Malaysia and the strong interest of Malaysian companies in the Indian growth story," a statement issued by the Ministry of External Affairs said.
"Prime Minister @narendramodi met with Tan Sri Tengku Muhammad Taufik, President & Group CEO of PETRONAS, and discussed strengthening energy partnerships and new opportunities in renewables and clean fuel, including green hydrogen and green ammonia. PETRONAS has a three-decade presence in India with a diversified portfolio across LNG, petrochemicals, and emerging green energy solutions," Randhir Jaiswal, spokesperson for the Ministry of External Affairs, posted on social media.
Modi highlighted 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.
He called on Malaysian businesses to explore the opportunities offered by India, particularly in areas such as infrastructure, renewable energy, digital technology, semiconductors, AI, and healthcare.
The industry leaders appreciated the reforms undertaken by the Indian government, while expressing strong confidence in India's growth story.
"They conveyed their keen interest in increasing their business presence in India by expanding their investment portfolios and exploring joint ventures with Indian counterparts," the statement said.
PM Modi 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.