Malaysia, India set to deepen trade, investment ties through BRICS
NEW DELHI: India’s position as Malaysia’s largest trading partner in Asia is giving added weight to Malaysia’s efforts to leverage its BRICS participation to deepen trade, investment and economic ties with major emerging markets.
New Delhi: Malaysia and India are poised to bolster their trade and investment relationships within the BRICS framework, according to Sharifah Ezneeda Wafa, the Malaysian Chargé d'Affaires to India. The two nations have already witnessed a surge in bilateral investment, with India's investments in Malaysia reaching US$5.6 billion in 2025.
Indian companies, including Petronas unit Gentari, UMW Group, and Salcon Bhd, have 293 approved manufacturing projects in Malaysia valued at US$2.95 billion, expected to generate 28,455 jobs. In return, Malaysian companies have invested US$52.35 billion in India, generating a trade surplus of RM25.37 billion in 2025. Despite a 5.0% decline in total trade between the two countries to RM79.33 billion in 2025, exports to India have seen a marginal increase of 0.4% to RM52.35 billion, primarily driven by non-metallic mineral products.
Meanwhile, imports from India fell by 14% to RM26.98 billion, mainly due to a 43.8% reduction in petroleum product imports. Sharifah expressed optimism that Malaysia's BRICS membership will extend its economic and diplomatic influence into major emerging markets, fostering greater trade and investment opportunities while reinforcing cooperation in technology, energy, food security, and digital transformation.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
