KERALAM — Prime Minister Datuk Seri Anwar Ibrahim called for Malaysia and India to strengthen synergy in the electrical and electronics (E&E) and semiconductor sectors to enhance their respective capabilities and benefit from each other’s strength

He said Malaysia was positioning itself as a key player in the E&E and semiconductor sectors in Southeast Asia, while India also possessed considerable strength in these areas.

“It is an emerging economy and is focusing more in terms of E&E and semiconductor in Southeast Asia, and energy economy we are probably about the largest now, including export to the United States. 

“With the strength of the E&E, semiconductor of India, can you imagine if that synergy is fortified to enhance our capability and make sure that we benefit from one another. I think it is important,” said Anwar.

He said this in his remarks at the Hi-Tea Engagement with the Governor of Kerala, Minister for Industries & Commerce, and Prominent Indian Business Leaders in Calicut, here yesterday. 

Around 30 companies from India, Malaysia and the Gulf countries participated in the engagement, representing sectors including medical and healthcare, semiconductors, construction, artificial intelligence (AI), digital technology, information technology, engineering, retail, renewable energy and transportation.

The Prime Minister said the engagement provided an opportunity to strengthen business-to-business linkages and explore greater cooperation in high-value sectors.

Anwar, who is also Finance Minister, noted that India was an important emerging economy and Malaysia should continue to diversify its trade and investment relationships while maintaining strong ties with existing major partners.