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India fine tuning FTAs with countries to suit domestic industry: Prasada

India is revising FTAs with South Korea, Malaysia and various other ASEAN countries to benefit the domestic industries, Union Minister of State for Ministry of Commerce and Industry Jitin Prasada said on Monday. At the 64th annual session of ACMA (Automotive Component Manufacturers Association) here, he noted that the free trade agreements (FTAs) with the UK and the European Union are being spearheaded by Prime Minister Narendra Modi. "It will play a great role for the auto components industry," the minister said. He further said: "We are also revising and reworking our FTAs with Korea, with Malaysia, with ASEAN countries, which will be fine-tuned to the demands of our industry." Prasada also urged the auto components industry to increase investment in R&D activities. "We are not investing enough in R&D, I believe this is 1 per cent of the revenue that is being invested so this is very crucial," he noted. He also emphasised the importance of boosting exports, reducing import ..

India fine tuning FTAs with countries to suit domestic industry: Prasada
Updated On : 09 Sep 2024 | 10:48 PM IST

Malaysia Airlines plans to bring flights to more non-metro cities in India

Malaysia Airlines plans to fly to more non-metro cities in India as well as increase the frequency of flights to Ahmedabad and Trivandrum, a senior airline official said on Friday. The carrier, part of the Malaysia Aviation Group (MAG), currently connects nine Indian cities with Kuala Lumpur and operates 71 weekly flights to India. Dersenish Aresandiran, Chief Commercial Officer of Airline Business at MAG, said Malaysia Airlines plans to increase frequencies to Ahmedabad and Trivandrum. The airline also plans to operate to more non-metro cities in India where there are no restrictions due to bilateral flying rights, he told PTI on the sidelines of a briefing here. The bilateral flying rights between India and Malaysia, based on the number of seats airlines from either side can operate, is mostly utilised for metro routes in India. So, Malaysia Airlines can have more services to non-metro cities in the country as there are no restrictions of the bilateral flying rights. Currently,

Malaysia Airlines plans to bring flights to more non-metro cities in India
Updated On : 06 Sep 2024 | 5:44 PM IST

India, Malaysia ink MoU to strengthen tourism ties, promote growth

The MoU signed between India and Malaysia is expected to further strengthen the economic and cultural bonds between the two nations

India, Malaysia ink MoU to strengthen tourism ties, promote growth
Updated On : 30 Aug 2024 | 6:44 PM IST

India permits export of 200k tonne of non-basmati white rice to Malaysia

The government has permitted exports of two lakh tonne of non-basmati white rice to Malaysia, through National Cooperative Exports Limited (NCEL). Though exports of non-basmati white rice have been banned since July 20, 2023, to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs on request. "Exports of 2,00,000 MT of non-basmati white rice...to Malaysia is permitted through NCEL," the Directorate General of Foreign Trade (DGFT) has said in a notification. India has earlier also allowed these exports to countries like Nepal, Cameroon, Cote D' Ivore, Guinea, Malaysia, Philippines, and Seychelles. NCEL is a multi-state cooperative society. It is jointly promoted by some of the leading cooperative societies in the country, namely, Gujarat Cooperative Milk Marketing Federation (GCMMF) popularly known as AMUL, Indian Farmers Fertiliser Cooperative Ltd (IFFCO), Krishak Bharati Cooperative

India permits export of 200k tonne of non-basmati white rice to Malaysia
Updated On : 22 Aug 2024 | 12:31 AM IST

India, Malaysia elevate ties to comprehensive strategic partnership

Malaysia PM Anwar Ibrahim arrived in Delhi for a state visit, his first visit to India as the Malaysian premier and he was warmly received by Union Minister of State, V Somanna at the airport

India, Malaysia elevate ties to comprehensive strategic partnership
Updated On : 21 Aug 2024 | 12:14 AM IST

EAM's Malaysia visit amplified efforts to deepen strategic partnership: MEA

External Affairs Minister S Jaishankar's visit to Malaysia and his meetings with the country's top leadership presented an opportunity to reiterate commitment to further develop the bilateral Enhanced Strategic Partnership, an official statement said on Thursday. Jaishankar was in Kuala Lumpur from March 27 to 28 as part of the last leg of his three-nation tour to Singapore, the Philippines and Malaysia. He called on Malaysian Prime Minister Anwar Bin Ibrahim and thanked him for his support in deepening bilateral ties under the India-Malaysia Enhanced Strategic Partnership, India's Ministry of External Affairs said in a statement. Jaishankar's visit to Malaysia provided an opportunity to reiterate commitment to further develop the Enhanced Strategic Partnership, it said. Anwar gave his commitment to facilitate the establishment of the Indian Institute of Technology (IIT) branch campus in Malaysia, the official Bernama news agency reported. The Prime Minister also expressed ...

EAM's Malaysia visit amplified efforts to deepen strategic partnership: MEA
Updated On : 28 Mar 2024 | 10:53 AM IST

EAM meets Malaysian counterpart, discusses 'multifaceted' bilateral ties

External Affairs Minister S Jaishankar on Wednesday held a "productive and frank" discussion on the "multifaceted" bilateral ties between India and Malaysia and regional and international issues with his Malaysian counterpart Mohamad bin Haji Hasan here, the Malaysian foreign ministry said. Jaishankar is in Kuala Lumpur on the third and last leg of his three-nation tour to Singapore, the Philippines and Malaysia. He met the Malaysian Foreign Minister Hasan here and held a "productive and frank discussion, including exchanging views on the multifaceted dimensions of Malaysia-India bilateral affairs as well as regional and international issues of mutual interest," the Malaysian Ministry of Foreign Affairs said in an official statement. The ministers also discussed the exchange of high-level visits and the convening of the 7th Joint Commission Meeting of Malaysia and India on a mutually agreeable date. This was the first meeting between Jaishankar and Hasan since the latter took offic

EAM meets Malaysian counterpart, discusses 'multifaceted' bilateral ties
Updated On : 27 Mar 2024 | 12:22 PM IST

Malaysia Airlines aims to expand in India; eyes codeshare pact with carrier

Bullish on the "important" Indian aviation market, Malaysia Airlines will soon have a deep codeshare partnership with an Indian carrier as well as further expand its operations to the north east and southern destinations in the country, according to a top official. Malaysia Airlines, the national carrier that is part of the Malaysia Aviation Group, operates a total of 69 weekly flights to nine Indian cities. In an interview with PTI, Captain Izham Ismail, Group Managing Director of Malaysia Aviation Group, said, "India is an important market for us and we want to be part of the success story of India as a country". The airline, which has implemented a financial restructuring and is on the revival path, connects nine Indian destinations to Malaysia. The cities are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Kochi, Amritsar, Ahmedabad and Thiruvananthapuram. Apart from crossing its pre-pandemic levels of operations in the Indian market, the carrier, this month, increased its freque

Malaysia Airlines aims to expand in India; eyes codeshare pact with carrier
Updated On : 23 Jan 2024 | 2:33 PM IST

Malaysia joins Thailand, Sri Lanka in granting visa-free entry for Indians

Malaysia will grant a 30-day visa-free entry for Indian and Chinese citizens from December 1, Prime Minister Anwar Ibrahim has announced, joining Thailand and Sri Lanka in recent weeks to offer such a facility to foreigners to promote tourism. Ibrahim said the waiver was an additional facility to the existing visa exemptions currently enjoyed by Gulf nations and other West Asian countries, including Turkiye and Jordan. However, Ibrahim, who is also the Finance Minister of the country, said the visa exemption was subject to top security screening, the official Bernama news agency reported. "Initial screenings will be conducted for all tourists and visitors to Malaysia. Security is a different matter. If there are criminal records or the risk of terrorism, they will not be allowed to enter," the prime minister said. "That comes under the authority of the security forces and immigration," the premier said. The 30-day visa-free entry is also currently enjoyed by eight ASEAN countries

Malaysia joins Thailand, Sri Lanka in granting visa-free entry for Indians
Updated On : 27 Nov 2023 | 12:15 PM IST

India, Malaysia looking at reviewing 2011 trade pact: Malaysian FM

India and Malaysia are firming up a framework for conducting trade in national currencies and initiating a process to review the 12-year-old comprehensive economic cooperation agreement to include new domains and items, Malaysian Foreign Minister Zambry Abdul Kadir said. At the end of a three-day visit to India, Kadir told PTI that both sides are keen to expand trade engagement in new and emerging areas such as electronics, semiconductors, fintech, renewable energy, new technology and startups. Ways to further boost the overall trajectory of ties were discussed extensively during talks between External Affairs Minister S Jaishankar and his Malaysian counterpart on Tuesday night. Asked about India's long-pending demand to Malaysia to extradite fugitive evangelist Zakir Naik, Kadir did not give a direct reply and said Kuala Lumpur is keen on strengthening institutional mechanisms to boost security cooperation rather than focusing on any individual. Naik is facing a multi-agency probe

India, Malaysia looking at reviewing 2011 trade pact: Malaysian FM
Updated On : 08 Nov 2023 | 11:06 PM IST

Kuala Lumpur looking at accepting RuPay, UPI service: Malaysian FM

India and Malaysia are firming up a framework for conducting trade in national currencies and initiating a process to review the 12-year-old comprehensive economic cooperation agreement to include new domains and items, Malaysian Foreign Minister Zambry Abdul Kadir said. At the end of a three-day visit to India, Kadir told PTI that Malaysia is also in the process of accepting India's Unified Payments Interface (UPI) system and RuPay payment service that will boost overall financial engagement. The Malaysian foreign minister said Prime Minister Anwar Ibrahim is likely to visit India in the first half of next year in reflection of growing upswing in overall ties between the two nations. He said both sides are keen to expand trade engagement in new and emerging areas such as electronics, semiconductors, fintech, renewable energy, new technology and startups besides joining hands in defence industrial cooperation. Ways to further boost the overall trajectory of ties were discussed ...

Kuala Lumpur looking at accepting RuPay, UPI service: Malaysian FM
Updated On : 08 Nov 2023 | 7:12 PM IST

Jaishankar discusses key issues at 6th India-Malaysia Joint Commission meet

External Affairs Minister S Jaishankar co-chaired the 6th India-Malaysia Joint Commission meeting with his Malaysian counterpart Zambry Abdul Kadir in New Delhi on Tuesday.The meeting was focused on the security, trade and finance sectors, as well as maritime cooperation between the two countries.Additionally, both leaders exchanged views on Indo-Pacific, ASEAN, West Asia and other regional and global issues.Taking to X, EAM Jaishankar shared about the meeting saying, "Co-chaired along with FM @ZambryOfficial the 6th India-Malaysia Joint Commission Meeting in New Delhi. Reviewed progress on our political, defence & security, trade and finance, health, energy, education, maritime cooperation, culture, tourism and people-to-people cooperation. Also shared perspectives on the Indo-Pacific, ASEAN, West Asia and other regional and global issues."Earlier today, External Affairs Minister S Jaishankar met with the Malaysian counterpart Zambry Abdul Kadir ahead of the India-Malaysia 6th .

Jaishankar discusses key issues at 6th India-Malaysia Joint Commission meet
Updated On : 07 Nov 2023 | 11:20 PM IST

IND vs MAL final: India come from behind to win 4th Asian Champions Trophy

Jugraj Singh (9th minute), skipper Harmanpreet Singh (45th), Gurjant Singh (45th) and Akashdeep Singh (56th) were the goal scores for India.

IND vs MAL final: India come from behind to win 4th Asian Champions Trophy
Updated On : 12 Aug 2023 | 10:57 PM IST

Rajnath Singh to begin 3-day visit to Malaysia to deepen defence ties

Looking forward to hold bilateral talks with my counterpart, Mr Dato' Seri Mohamad Hasan, and deepening the defence cooperation between the two countries

Rajnath Singh to begin 3-day visit to Malaysia to deepen defence ties
Updated On : 09 Jul 2023 | 11:49 AM IST

HAL signs agreement establishing footprint in Malaysia to export weaponry

Aerospace giant preparing for likely success in exporting Indian Tejas Mark 1A fighter

HAL signs agreement establishing footprint in Malaysia to export weaponry
Updated On : 18 Aug 2022 | 11:07 PM IST

HAL to open office in Kuala Lumpur to support Malaysian Defence Forces

Hindustan Aeronautics Limited has signed an MoU for establishing an office in Kuala Lumpur (Malaysia). The office in Malaysia will help HAL in tapping the new business opportunities for Fighter Lead-in Trainer (FLIT) LCA and other requirements of Royal Malaysian Air Force (RMAF) like Su-30 MKM and Hawk upgrades, the Bengaluru-headquartered company said in a statement on Thursday. "It will reinforce commitment of India in supporting the Malaysian Defence Forces and industry for sustainable aerospace and defence landscape in Malaysia", it said. HAL had submitted a proposal to the Ministry of Defence (MINDEF), Malaysia, during October 2021 for supply of 18 FLIT LCAs against a global tender issued by RMAF. "The final winner of the tender is expected to be declared soon by Malaysian authorities. LCA Tejas stands a fair chance of selection in the bid as it meets all the parameters sought by RMAF," according to HAL. Further, being one of the largest producers of Russian origin Su-30 ...

HAL to open office in Kuala Lumpur to support Malaysian Defence Forces
Updated On : 18 Aug 2022 | 12:08 PM IST

India, Malaysia vow to deepen ties, intensify cooperation in various fields

During his Malaysia visit, the secretary (east) also paid a courtesy call on Malaysian Foreign Minister Saifuddin Abdullah and exchanged views on India-Malaysia bilateral ties

India, Malaysia vow to deepen ties, intensify cooperation in various fields
Updated On : 12 Apr 2022 | 9:00 PM IST

Will buy more Malaysian palm oil to compensate for India's import ban: Pak

"You have spoken for the justice for Kashmiris, for which we are thankful," Imran Khan said during a joint press conference with his Malaysian counterpart Mahathir

Will buy more Malaysian palm oil to compensate for India's import ban: Pak
Updated On : 04 Feb 2020 | 6:21 PM IST

Piyush Goyal not to meet Malaysian counterpart in Davos amid palm oil row

A Malaysian government spokesman said on Friday that trade ministers from India and Malaysia could meet on the sidelines of the World Economic Forum's annual meeting in Davos.

Piyush Goyal not to meet Malaysian counterpart in Davos amid palm oil row
Updated On : 19 Jan 2020 | 6:14 PM IST

MEA summons top Malaysian diplomat over Mahathir's take on Citizenship Act

The Malaysian prime minister, at a press conference in Kuala Lumpur on Saturday, criticised the citizenship law and voiced concerns over "difficulties" being faced by minorities in India

MEA summons top Malaysian diplomat over Mahathir's take on Citizenship Act
Updated On : 21 Dec 2019 | 8:57 PM IST