By Shakir Husain
NEW DELHI, Feb 15 (Bernama) -- Malaysia highlighted collaboration opportunities for Indian investors at an investment summit in the southern business hub of Bengaluru.
Malaysian High Commissioner to India, Datuk Muzafar Shah Mustafa, said Malaysia’s quest for technological advancement and innovation offers immense potential for joint ventures between Malaysian and Indian entrepreneurs.
The New Industrial Master Plan (NIMP) 2030 charts Malaysia's path towards becoming a high-tech, high-value economy and it is supported by the National Semiconductor Strategy to realise the country's goal of becoming a major global player in technology powered by the semiconductor industry, he said at the “Invest Karnataka 2025 Global Investors Meet” held from Feb 12 to 14.
"We believe that Karnataka and Malaysia can be powerful partners in driving economic growth and technological advancement. We are eager to explore collaborations in sectors like IT, advanced manufacturing, biotechnology, healthcare, and renewable energy," he said during the Malaysia country session.
The Malaysian delegation at the conference included India-based representatives of Investment, Trade and Industry Ministry (MITI), Malaysia External Trade Development Corporation (MATRADE) and Malaysian Investment Development Authority (MIDA).
Malaysia organised an exhibition booth during the event to address business enquiries.
Malaysia has stepped up its engagements with Indian entrepreneurs and investors.
It participated in the ‘Utkarsh Odisha -- Make in Odisha Conclave 2025 in Bhubaneswar’ last month and in the ‘Bengal Global Business Summit’ on February 5 to 6 in Kolkata.
-- BERNAMA
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