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India–Malaysia signals shift towards Technology-Led Growth: PHDCCI

BusinessManasi Praharaj09 Feb 2026

India–Malaysia Comprehensive Strategic Partnership is rooted in shared democratic values, and strong people-to-people ties said Mr. Rajeev Juneja, President, PHDCCI.

Direct benefits expected across key sectors include semiconductors and electronics manufacturing, renewable energy and green hydrogen, digital economy and fintech, artificial intelligence, advanced manufacturing, healthcare and pharmaceuticals, agriculture commodities and food processing, infrastructure, logistics, tourism, and hospitality. Enhanced collaboration in start-ups, skills development, technical and vocational education (TVET), and innovation ecosystems is a win-win to both the parties, he said.

Emphasis on digital payments, local currency settlement, skills development, and innovation-led growth highlights the intent to make bilateral economic cooperation future-ready, he added.

India and Malaysia has reiterated their commitment to international trade, and ASEAN cooperation. Together, a partnership moored in trust, and a shared vision for stability, and sustainable development said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.

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