India to focus on green energy with Malaysian PM arrival

19 Aug 2024 CW Team

Sources indicate that both countries are working towards a significant agreement in the start-up sector. Indian companies like RazorPay and Pine Labs currently dominate the digital payment market in Malaysia, holding nearly 70% of the B2B segment, while Malaysian start-ups are increasingly tapping into India's advanced digital technology expertise.

In conversations with industry leaders and policymakers in Kuala Lumpur, two key areas of interest for Malaysia emerged: leveraging India's National Skill Development programme and seeking collaboration and support in the Electric Vehicle (EV) and Artificial Intelligence sectors. Malaysia is keen to accelerate the growth of its EV industry, which has seen slow demand despite government efforts to build an EV ecosystem, especially after Tesla's decision to abandon plans to manufacture EVs in the country. Anwar is expected to seek Indian investment to help develop this promising yet underdeveloped sector in Malaysia.

Additionally, discussions will likely address the import of Malaysian palm oil, which suffered due to former Prime Minister Mahathir Mohamad's stance on Kashmir. Anwar aims to resolve this issue with Prime Minister Modi. India imported palm oil worth 7.08 billion Malaysian Ringgit from Malaysia between January and August 2023. The two nations are also expected to review their Comprehensive Economic Cooperation Agreement to potentially include new trade items.

(ET)

Malaysian Prime Minister Anwar Ibrahim is set to arrive in India, with a focus on securing Indian investments to help revitalise Malaysia's economy, particularly in the digital and green energy sectors. Anwar's visit marks the first prime-ministerial trip from Malaysia to India since 2018, and he is scheduled to meet with Indian Prime Minister Narendra Modi on August 20. Sources indicate that both countries are working towards a significant agreement in the start-up sector. Indian companies like RazorPay and Pine Labs currently dominate the digital payment market in Malaysia, holding nearly 70% of the B2B segment, while Malaysian start-ups are increasingly tapping into India's advanced digital technology expertise. In conversations with industry leaders and policymakers in Kuala Lumpur, two key areas of interest for Malaysia emerged: leveraging India's National Skill Development programme and seeking collaboration and support in the Electric Vehicle (EV) and Artificial Intelligence sectors. Malaysia is keen to accelerate the growth of its EV industry, which has seen slow demand despite government efforts to build an EV ecosystem, especially after Tesla's decision to abandon plans to manufacture EVs in the country. Anwar is expected to seek Indian investment to help develop this promising yet underdeveloped sector in Malaysia. Additionally, discussions will likely address the import of Malaysian palm oil, which suffered due to former Prime Minister Mahathir Mohamad's stance on Kashmir. Anwar aims to resolve this issue with Prime Minister Modi. India imported palm oil worth 7.08 billion Malaysian Ringgit from Malaysia between January and August 2023. The two nations are also expected to review their Comprehensive Economic Cooperation Agreement to potentially include new trade items.(ET)

Infrastructure Transport

12 Jan 2026

Dhalbhumgarh Airport Faces 150-km Rule Hurdle

The issue has resurfaced following a recent statement by Union Civil Aviation Minister Ram Mohan Naidu, who said that under existing aviation policy, a new greenfield airport is generally not permitted within an aerial distance of 150 kilometres of an operational civilian airport. He added, however, that if a formal proposal is submitted, its impact on the existing airport can be examined and relaxations may be considered on a case-by-case basis. While the clarification has revived some hope for Dhalbhumgarh, it has also underlined the scale of the technical challenge facing the project. Unde..

Infrastructure Transport

12 Jan 2026

Stakeholders Seek Parallel Ops For Vizag Airports

With road and metro rail links to Bhogapuram still several years away, stakeholders in north Andhra Pradesh have renewed demands to continue civil operations at INS Dega even after the commissioning of Bhogapuram International Airport. The new airport is expected to begin commercial operations from June. Officials said close to 80 per cent of the airport infrastructure at Bhogapuram, including the terminal building and internal approach roads, has already been completed. However, inadequate external connectivity remains a key concern. Making a case for parallel operations, Andhra Pradesh Air ..

Infrastructure Transport

12 Jan 2026

Govt To Roll Out V2V Tech To Cut Road Crashes

In an effort to curb road accidents, particularly in low-visibility conditions such as dense fog, the government is set to roll out vehicle-to-vehicle (V2V) communication technology that will allow cars to exchange real-time data and alert drivers to potential dangers. The announcement was made by Union Road Transport and Highways Minister Nitin Gadkari after the 43rd meeting of the Transport Development Council. The technology involves installing an on-board unit (OBU) in vehicles, enabling wireless data exchange between nearby cars. This will allow vehicles to share information such as spee..