Goyal Invites Malaysian Investment in Key Sectors
ECONOMY & POLICY

Goyal Invites Malaysian Investment in Key Sectors

India's Union Minister of Commerce and Industry, Piyush Goyal, has extended an invitation to Malaysian businesses to invest in India's burgeoning oil, gas, and electronics sectors. The call for investment was made during a strategic meeting aimed at bolstering bilateral trade relations and fostering economic collaboration between the two nations.

Goyal emphasized the immense opportunities that India's oil, gas, and electronics sectors present for foreign investors, particularly in the context of the government's "Make in India" initiative. This initiative, which aims to transform India into a global manufacturing hub, has already attracted substantial international interest, and the minister is keen to see Malaysian businesses play a significant role in this transformation.

The oil and gas sector in India, one of the largest in the world, offers a wealth of investment opportunities, particularly in exploration, refining, and distribution. Goyal highlighted India's commitment to enhancing energy security and expanding its energy infrastructure, noting that collaboration with Malaysian firms could lead to significant advancements in these areas. By investing in India's oil and gas sector, Malaysian businesses can tap into a vast and rapidly growing market, while also contributing to the country's energy sustainability goals.

In addition to oil and gas, Goyal also urged Malaysian companies to explore opportunities in the electronics sector. India is striving to become a leader in electronics manufacturing, and the government's policies are designed to attract foreign direct investment (FDI) in this field. Goyal pointed out that the electronics sector is poised for substantial growth, driven by rising domestic demand and the global shift towards digitalization. Malaysian businesses, with their expertise in electronics, could significantly benefit from participating in India's electronics manufacturing ecosystem.

Goyal's invitation reflects the broader strategy of strengthening economic ties between India and Malaysia. By encouraging investment in these key sectors, the Indian government aims to not only boost its own industrial capabilities but also enhance bilateral trade and cooperation. The minister also emphasized that such investments would be mutually beneficial, providing Malaysian businesses with access to a large and diverse market while contributing to India's economic development.

In conclusion, Piyush Goyal's call for Malaysian investment in India's oil, gas, and electronics sectors underscores the Indian government's commitment to fostering international partnerships and driving economic growth. The invitation presents a significant opportunity for Malaysian businesses to expand their global footprint and participate in India's dynamic economic landscape.

India's Union Minister of Commerce and Industry, Piyush Goyal, has extended an invitation to Malaysian businesses to invest in India's burgeoning oil, gas, and electronics sectors. The call for investment was made during a strategic meeting aimed at bolstering bilateral trade relations and fostering economic collaboration between the two nations. Goyal emphasized the immense opportunities that India's oil, gas, and electronics sectors present for foreign investors, particularly in the context of the government's Make in India initiative. This initiative, which aims to transform India into a global manufacturing hub, has already attracted substantial international interest, and the minister is keen to see Malaysian businesses play a significant role in this transformation. The oil and gas sector in India, one of the largest in the world, offers a wealth of investment opportunities, particularly in exploration, refining, and distribution. Goyal highlighted India's commitment to enhancing energy security and expanding its energy infrastructure, noting that collaboration with Malaysian firms could lead to significant advancements in these areas. By investing in India's oil and gas sector, Malaysian businesses can tap into a vast and rapidly growing market, while also contributing to the country's energy sustainability goals. In addition to oil and gas, Goyal also urged Malaysian companies to explore opportunities in the electronics sector. India is striving to become a leader in electronics manufacturing, and the government's policies are designed to attract foreign direct investment (FDI) in this field. Goyal pointed out that the electronics sector is poised for substantial growth, driven by rising domestic demand and the global shift towards digitalization. Malaysian businesses, with their expertise in electronics, could significantly benefit from participating in India's electronics manufacturing ecosystem. Goyal's invitation reflects the broader strategy of strengthening economic ties between India and Malaysia. By encouraging investment in these key sectors, the Indian government aims to not only boost its own industrial capabilities but also enhance bilateral trade and cooperation. The minister also emphasized that such investments would be mutually beneficial, providing Malaysian businesses with access to a large and diverse market while contributing to India's economic development. In conclusion, Piyush Goyal's call for Malaysian investment in India's oil, gas, and electronics sectors underscores the Indian government's commitment to fostering international partnerships and driving economic growth. The invitation presents a significant opportunity for Malaysian businesses to expand their global footprint and participate in India's dynamic economic landscape.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement