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ABOUT EVENT
Confederation of Indian Industry ( CII), in partnership with Malaysia India Business Council (MIBC), Malaysia Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE) and support from High Commission of India to Malaysia & High Commission of Malaysia to India, is organizing the India-Malaysia Strategic Business Summit from 0900-1600 hrs (IST) on 8 February 2022, over a virtual platform. The objective of the Summit is to enhance bilateral relationship between India and Malaysia and also further boost trade and investment between both the countries.
India and Malaysia share a long-standing relationship, with mutually beneficial trade at its core. The two countries have forged close economic and commercial ties which has emerged as the mainstay of their bilateral partnership. The bilateral trade between two nations in 2019-20 was US$ 16.14 billion with total exports from India to Malaysia amounting to around US$ 6.3 billion while its imports from Malaysia stood at around US$ 9.7 billion.
With strengthening bilateral economic and commercial relations, Malaysia has moved up three places to emerge as the 3rd largest trading partner for India.
Mr B N Reddy, High Commissioner of India to Malaysia has confirmed his participation while we await confirmation of H E Mr Dato Hidayat Abdul Hamid, High Commissioner of Malaysia to India to address at the Inaugural session of the Summit.
The Summit will have sessions around various tracks and facilitate discussions on opportunities and concerns being faced by businesses in presence of senior officials from various line Ministries from both sides and Industry from few priority sectors such as Construction and Infrastructure, IT and Digitalisation, Healthcare, Vaccines and Pharmaceutical and Manufacturing.