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The Sun
02-07-2025
- Business
- The Sun
India seeks stronger semiconductor and digital economy ties with Malaysia
KUALA LUMPUR: India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy. India's High Commissioner to Malaysia, B N Reddy, said Malaysia has long been recognised as a leader in the semiconductor sector. Besides this, Malaysia had expressed keen interest in partnering with India in the semiconductor sector. 'We welcome more Malaysian companies to collaborate with Indian firms through joint ventures,' he told Bernama after appearing on Bernama TV's The Nation programme on 'Malaysia-India Relations: Then, Now, Next'. Reddy said the potential for bilateral partnership was promising, given India's increasing focus on semiconductors through its India Semiconductor Mission (ISM), which aims to develop a domestic chip and display manufacturing ecosystem. The mission targets chip production in the 28-nanometre to 90-nanometre range. 'It will be a significant development, as over 60 per cent of the industry falls within this range under the ISM. We aim to triple our semiconductor market size to US$109 billion by 2030, up from US$38 billion in 2023,' he said. Currently, India has approved six major semiconductor manufacturing facilities under the initiative. Reddy also said trade between India and Malaysia had continued to strengthen despite global economic headwinds and geopolitical uncertainties, reaching about US$20 billion (US$1 = RM4.19) in 2024. In June 2024, India exported US$765 million to Malaysia and imported US$1.23 billion. India's exports to Malaysia surged by 93.9 per cent compared to the same month last year, while imports grew by 14.5 per cent. He said the ongoing review of the ASEAN-India Trade in Goods Agreement (AITIGA), which began in 2023 and is expected to conclude by year-end, is set to further enhance regional trade and investment, particularly in the digital economy. 'One of the key objectives is to make trade more effective, user-friendly and simpler for businesses,' he said, adding that recent talks in Kuala Lumpur between an Indian delegation and Malaysia, in its role as ASEAN coordinator, marked significant progress. India has been a full dialogue partner of ASEAN since December 1995, with the partnership elevated to summit level in 2002. He also acknowledged several challenges to two-way trade, including persistent asymmetries in market access and issues surrounding rules of origin, which need to be addressed through the AITIGA review. 'We need to find solutions and align the agreement with evolving global trading practices,' he said. Reddy also highlighted the potential for cooperation in digital payments, expressing hope that India's unified payments interface could soon be accepted in Malaysia and that both countries would develop interoperable QR code networks to enable seamless cross-border transactions. 'This would greatly benefit users from both nations, including tourists, and improve digital connectivity between our economies,' he said. As India deepens its engagement with ASEAN, its expanding trade and technology ties with Malaysia are expected to play a key role in shaping regional economic integration, Reddy said.
The Print
01-06-2025
- Politics
- The Print
All-party delegation led by Sanjay Kumar Jha arrives in Malaysia
'The delegation will meet with Malaysian Ministers, Members of Parliament, representatives of think-tanks, academia, media and Indian community to convey India's national consensus and collective resolve to combat terrorism in all its forms and manifestations,' the embassy said. The Indian Embassy in Malaysia posted on X photos of the delegation being received by India's High Commissioner to Malaysia B N Reddy. Kuala Lumpur, May 31 (PTI) An all-party parliamentary delegation led by Rajya Sabha MP Sanjay Kumar Jha arrived here on Saturday where it is scheduled to meet with Malaysian ministers and MPs to convey India's resolve to combat terrorism. Earlier, this delegation visited Indonesia where the chairman of a prominent Indonesian Islamic organisation on Friday condemned terrorism in all its forms and asked India and Indonesia to walk hand in hand to promote peace and economic development. Besides Jha, the delegation comprises MPs Aparajita Sarangi (BJP), Abhishek Banerjee (TMC), Brij Lal (BJP), John Brittas (CPI-M), Pradan Baruah (BJP), Hemang Joshi (BJP), former external affairs minister Salman Khurshid and former ambassador of India to France and Bahrain Mohan Kumar. The delegation is one of the seven multi-party delegations India has tasked to visit 33 global capitals to reach out to the international community to emphasise Pakistan's links to terrorism. Tensions between India and Pakistan escalated after the Pahalgam terror attack, with India carrying out precision strikes on terror infrastructure in Pakistan and Pakistan-occupied Kashmir in the early hours of May 7. Pakistan attempted to attack Indian military bases on May 8, 9, and 10. The Indian side responded strongly to the Pakistani actions. The on-ground hostilities ended with an understanding of stopping the military actions following talks between the directors general of military operations of both sides on May 10. PTI GSP GSP This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Malaysia Sun
01-06-2025
- Politics
- Malaysia Sun
All-party delegation led by Sanjay Kumar Jha meets Indian envoy in Kuala Lumpur
Kuala Lumpur [Malaysia], June 1 (ANI): All-party delegation of Indian parliamentarians, led by JDU MP Sanjay Kumar Jha, was received by Indian High Commissioner to Malaysia, BN Reddy, at the High Commission in Kuala Lumpur on Sunday. The High Commissioner provided the delegation with an in-depth briefing on India's ties with Malaysia. According to the official Twitter handle India in Malaysia (@hcikl), High Commissioner BN Reddy set the context for the Indian delegation's engagements in Malaysia, emphasising India's firm resolve in fighting terrorism. The delegation arrived in Malaysia after successfully completing the Indonesia leg of their outreach program under Operation Sindoor, continuing their efforts to strengthen international cooperation against Pakistan's cross-border terrorism. Earlier on Friday, while addressing the Indian diaspora in Jakarta, India reiterated its new approach in combating cross-border terrorism from Pakistan, underscoring its firm stance under Operation Sindoor. 'The new India will not just share information and data. If anything happens to the country, 'India ab andar ghus ke marega'...PM Modi said very clearly that this is the new normal. Our nation is progressing, and there is peace,' said Jha. He emphasised that terrorists' attempts to spread communal disharmony have failed, showcasing India's maturity in handling such incidents. 'The way terrorists targeted a particular community, their purpose was to spread communal disharmony in our country, but we are a mature nation. Even a small incident did not erupt...,' Jha said while addressing the diaspora. The delegation's mission is to showcase India's resolve against terrorism and garner international support for a united stand against this global threat. The Indian government's diplomatic outreach efforts aim to strengthen partnerships with countries in East and Southeast Asia, emphasising the need for a collective response to the threat of terrorism. India launched Operation Sindoor on May 7 in a decisive military response to the April 22 Pahalgam terror attack in which 26 people were killed. Indian armed forces targeted terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, leading to the death of over 100 terrorists affiliated with terror outfits like the Jaish-e-Mohammed, Lashkar-e-Taiba and Hizbul Mujahideen. After the attack, Pakistan retaliated with cross-border shelling across the Line of Control and Jammu and Kashmir as well as attempted drone attacks along the border regions, following which India launched a coordinated attack and damaged radar infrastructure, communication centres and airfields across 11 airbases in Pakistan. After this, on May 10, an understanding regarding the cessation of hostilities between India and Pakistan was announced. The delegation to Indonesia, Malaysia, the Republic of Korea, Japan, and Singapore is led by JD-U MP Sanjay Kumar Jha and includes Aparajita Sarangi (BJP), Abhishek Banerjee (Trinamool Congress), Brij Lal (BJP), John Brittas (CPI-M), Pradan Baruah (BJP), Hemang Joshi (BJP), Salman Khurshid and Mohan Kumar. (ANI)
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Business Standard
01-06-2025
- Politics
- Business Standard
All-party delegation led by Sanjay Jha meets Indian envoy in Kuala Lumpur
All-party delegation of Indian parliamentarians, led by JDU MP Sanjay Kumar Jha, was received by Indian High Commissioner to Malaysia, BN Reddy, at the High Commission in Kuala Lumpur on Sunday. The High Commissioner provided the delegation with an in-depth briefing on India's ties with Malaysia. According to the official Twitter handle India in Malaysia (@hcikl), High Commissioner BN Reddy set the context for the Indian delegation's engagements in Malaysia, emphasising India's firm resolve in fighting terrorism. The delegation arrived in Malaysia after successfully completing the Indonesia leg of their outreach program under Operation Sindoor, continuing their efforts to strengthen international cooperation against Pakistan's cross-border terrorism. Earlier on Friday, while addressing the Indian diaspora in Jakarta, India reiterated its new approach in combating cross-border terrorism from Pakistan, underscoring its firm stance under Operation Sindoor. "The new India will not just share information and data. If anything happens to the country, 'India ab andar ghus ke marega'...PM Modi said very clearly that this is the new normal. Our nation is progressing, and there is peace," said Jha. He emphasised that terrorists' attempts to spread communal disharmony have failed, showcasing India's maturity in handling such incidents. "The way terrorists targeted a particular community, their purpose was to spread communal disharmony in our country, but we are a mature nation. Even a small incident did not erupt...," Jha said while addressing the diaspora. The delegation's mission is to showcase India's resolve against terrorism and garner international support for a united stand against this global threat. The Indian government's diplomatic outreach efforts aim to strengthen partnerships with countries in East and Southeast Asia, emphasising the need for a collective response to the threat of terrorism. India launched Operation Sindoor on May 7 in a decisive military response to the April 22 Pahalgam terror attack in which 26 people were killed. Indian armed forces targeted terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, leading to the death of over 100 terrorists affiliated with terror outfits like the Jaish-e-Mohammed, Lashkar-e-Taiba and Hizbul Mujahideen. After the attack, Pakistan retaliated with cross-border shelling across the Line of Control and Jammu and Kashmir as well as attempted drone attacks along the border regions, following which India launched a coordinated attack and damaged radar infrastructure, communication centres and airfields across 11 airbases in Pakistan. After this, on May 10, an understanding regarding the cessation of hostilities between India and Pakistan was announced. The delegation to Indonesia, Malaysia, the Republic of Korea, Japan, and Singapore is led by JD-U MP Sanjay Kumar Jha and includes Aparajita Sarangi (BJP), Abhishek Banerjee (Trinamool Congress), Brij Lal (BJP), John Brittas (CPI-M), Pradan Baruah (BJP), Hemang Joshi (BJP), Salman Khurshid and Mohan Kumar.
India Gazette
01-06-2025
- Politics
- India Gazette
All-party delegation led by Sanjay Kumar Jha meets Indian envoy in Kuala Lumpur
Kuala Lumpur [Malaysia], June 1 (ANI): All-party delegation of Indian parliamentarians, led by JDU MP Sanjay Kumar Jha, was received by Indian High Commissioner to Malaysia, BN Reddy, at the High Commission in Kuala Lumpur on Sunday. The High Commissioner provided the delegation with an in-depth briefing on India's ties with Malaysia. According to the official Twitter handle India in Malaysia (@hcikl), High Commissioner BN Reddy set the context for the Indian delegation's engagements in Malaysia, emphasising India's firm resolve in fighting terrorism. The delegation arrived in Malaysia after successfully completing the Indonesia leg of their outreach program under Operation Sindoor, continuing their efforts to strengthen international cooperation against Pakistan's cross-border terrorism. Earlier on Friday, while addressing the Indian diaspora in Jakarta, India reiterated its new approach in combating cross-border terrorism from Pakistan, underscoring its firm stance under Operation Sindoor. 'The new India will not just share information and data. If anything happens to the country, 'India ab andar ghus ke marega'...PM Modi said very clearly that this is the new normal. Our nation is progressing, and there is peace,' said Jha. He emphasised that terrorists' attempts to spread communal disharmony have failed, showcasing India's maturity in handling such incidents. 'The way terrorists targeted a particular community, their purpose was to spread communal disharmony in our country, but we are a mature nation. Even a small incident did not erupt...,' Jha said while addressing the diaspora. The delegation's mission is to showcase India's resolve against terrorism and garner international support for a united stand against this global threat. The Indian government's diplomatic outreach efforts aim to strengthen partnerships with countries in East and Southeast Asia, emphasising the need for a collective response to the threat of terrorism. India launched Operation Sindoor on May 7 in a decisive military response to the April 22 Pahalgam terror attack in which 26 people were killed. Indian armed forces targeted terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, leading to the death of over 100 terrorists affiliated with terror outfits like the Jaish-e-Mohammed, Lashkar-e-Taiba and Hizbul Mujahideen. After the attack, Pakistan retaliated with cross-border shelling across the Line of Control and Jammu and Kashmir as well as attempted drone attacks along the border regions, following which India launched a coordinated attack and damaged radar infrastructure, communication centres and airfields across 11 airbases in Pakistan. After this, on May 10, an understanding regarding the cessation of hostilities between India and Pakistan was announced. The delegation to Indonesia, Malaysia, the Republic of Korea, Japan, and Singapore is led by JD-U MP Sanjay Kumar Jha and includes Aparajita Sarangi (BJP), Abhishek Banerjee (Trinamool Congress), Brij Lal (BJP), John Brittas (CPI-M), Pradan Baruah (BJP), Hemang Joshi (BJP), Salman Khurshid and Mohan Kumar. (ANI)
