Going Big On India reposted this
Happy #MalaysiaDay! Today, I want to talk about the India-Malaysia connection. It runs deep! Indians have migrated to the Malay peninsula since ancient times. This relationship has only strengthened over time - it picked up during the colonial period and grew further after both countries gained independence and opened up for trade. Now, 7% of Malaysians are of Indian origin, mostly from the South of India. You can feel the Indian connection in the cuisine, language, and atmosphere in Malaysia. Last year, Malaysia made it visa-free for Indians to enter Malaysia for 30 days and tourism is booming! India has also recently returned this favour. Indians have taken their traditional business skills to Malaysia and Indian businesses are quite common in Malaysia, especially in KL. And there is an opportunity for more! Trade is at a record high. In August, the Prime Ministers of both countries upgraded the partnership to a “Comprehensive Strategic Partnership” with encouragement to trade in the local currencies (INR and MYR) to further boost trade and employment. With petroleum products and electronics featuring high on the list at present, expect more of the same and other benefits from this upgraded relationship. How do you expect this relationship to grow in the coming years?
