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PM Modi meets Malaysian business leaders; Petronas and Berjaya signal major investment expansion

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Home South-eastern Asia Brunei

PM Modi meets Malaysian business leaders; Petronas and Berjaya signal major investment expansion

by Asia Today Team
February 8, 2026
in Brunei
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Kuala Lumpur [Malaysia], February 8 (ANI): Prime Minister Narendra Modi, throughout his official go to to Malaysia on the invitation of Prime Minister Dato’ Seri Anwar Ibrahim, held high-level discussions with the heads of Malaysia’s most influential companies.

The conferences underscored rising confidence in India’s financial trajectory, with leaders from the vitality, know-how, and hospitality sectors pledging to considerably develop their operations in India.

Tengku Muhammad Taufik, President and Group CEO of PETRONAS, described the assembly as ‘fantastic,’ praising the Prime Minister’s visionary strategy to nation-building.

‘The Prime Minister is kind of visionary about what he needs India to be. We spoke about how he’d prefer to construct India, specializing in infrastructure and innovation like know-how,’ Taufik stated.

He famous the numerous financial transformation in India since 2014, labelling it a ‘excessive conviction market.’ In a serious increase to bilateral vitality ties, Taufik revealed that the Malaysian oil and gasoline large is contemplating doubling its publicity in India over the subsequent 5 years, with a concentrate on increasing infrastructure to serve the nation’s younger inhabitants.

Vincent Tan Chee Yioun, Founder and Chairman of Berjaya Company, expressed his admiration for the Prime Minister’s management. ‘He is made India economically extra profitable… and I am very impressed with him,’ Tan remarked.

Identified for creating world-class luxurious resorts, Tan indicated that Berjaya is trying to deliver its premium hospitality model to New Delhi and Goa. Past tourism, he highlighted a strategic curiosity in India’s sustainability sector, particularly in sanitary landfill waste administration.

KS Pua, CEO of Phison Electronics, lauded PM Modi’s ‘large ambition’ for the semiconductor business. Pua emphasised that Phison’s technique goes past simply manufacturing.

‘We purpose to switch our know-how and assist prepare native expertise in India to design silicon, firmware, software program, and AI options,’ Pua acknowledged. He envisioned that inside a number of years, these efforts would permit India to host its personal know-how cluster, owned and operated by Indian corporations.

In line with an official press launch from the Authorities of India, PM Modi highlighted initiatives and reforms undertaken to enhance ease of doing enterprise and create a predictable coverage atmosphere.

The Prime Minister inspired additional exploration in renewable vitality, semiconductors, and healthcare, expressing optimism that the deliberations of the tenth India-Malaysia CEO Discussion board would result in a brand new period of commerce and funding ties.

The business leaders, in flip, expressed sturdy confidence within the imaginative and prescient of a Viksit Bharat and expressed eager curiosity in increasing joint ventures with Indian counterparts. (ANI)



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Tags: berjayabusinessExpansioninvestmentLeadersMajorMalaysianmeetsmodiPetronassignal

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