Mustapha Visit To India 27 Jan 2014

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Media Release : Trade And Investment Mission To India, 27 - 30 January 2014

YB Dato ' Sri Mustapa Mohamed, Minister of International Trade and Industry will lead a SME based
Trade and Investment Mission to Bangalore and Chennai, India from 27 - 30 January 2014 in conjunction
with his working visit to attend the 19th Partnership Summit, organised by Consortium of Indian Industries
(CII).

The objectives of the mission are:

• to explore the domestic market and open up business opportunities and investment in
second tier cities (Pune, Bangalore and Chennai) in India;

• to establish a collaborative network of small and medium enterprises (SMEs) through


visits to companies in the sectors of focus such asfor automotive industry, manufacturing
automation solutions and innovations in the manufacturing industry (manufacturing industry
solutions); and

• to strengthen bilateral ties and business networkings with the Indian counterparts.

Programmes scheduled for YB Dato ' Sri Mustapa Mohamed during the Trade and Investment Mission to
India include:

• addressing the 19th Partnership Summit as panelist:

i. Plenary Session 2: “Entering into a New Trade Era Post Baliâ€; and
ii. Plenary Session 3: “Emergence of New Mega-Trading Blocks and their Impact
on Global Tradeâ€

• meeting with Hon. Anand Sharma, Indian Minister of Commerce and Industry;

• addressing the Malaysia-India CEO Forum together with Hon. Anand Sharma;

• meeting with major Indian companies to attract investment into Malaysia; and

• networking session with Indian companies and business-matching session.

Ministry of International Trade and Industry


January 2014
ADDITIONAL INFORMATION

The Partnership Summit 2014

The Partnership Summit, the annual flagship event of Confederation of Indian Industry (CII), organized
in association with the Ministry of Commerce and Industry, Government of India, started in 1995 to
commemorate the Confederations centenary year.

With over 19 of active engagement and collaboration of India with the rest of the world, the Partnership
Summit, from the very onset, provided a platform to stimulate discussions among all key stakeholders
- political, institutional, business, media and academia - on the best strategies and policy to help the
countries overcome obstacles to improving competitiveness and achieving inclusive growth.

The Partnership Summit 2014 is a collaboration of the Department of Industrial Policy and Promotion of
the Ministry of Commerce and Industry of India, the Government of Karnataka, and the Confederation of
Indian Industry. It is the 20th such annual event organized by CII.

MICEOF

Objective

The Malaysia-India CEO Forum aims to:

i. enhance interaction between Chief Executives of private sectors of both countries;


ii. increase confidence among prominent business people from both sides; and
iii. provide a platform for business people to dialogue with governments from both countries.

The engagement in the CEO Forum shall:

i. allow for a consultative process to address issues that stand in the way of enhancing the
economic and commercial relationship between the two countries; and
ii. encourage the establishment of a new economic partnership to present Malaysia and India
with sustainable opportunities to increase trade and investment activities, enhance market
access for goods & services and develop greater competitiveness in both countries by
leveraging their respective strengths.
Scope

The CEO Forum will:

i. Promotion of Trade and Investment

• identify problems and bottlenecks that could be addressed to further enhance economic
involvement between the two countries;
• focus on areas that need to be addressed to improve the overall business climate and
encourage reciprocal trade and investment by Malaysia and India; and
• facilitate to explore possibilities for collaboration and business alliances between Malaysian
and Indian companies.

ii. Exploring Business Opportunities in Third Countries

• encourage dialogues between enterprises from the two countries and help develop
synergies to explore business opportunities in third countries.

iii. Collaboration in Technology Transfer and Development in New Technology

• strengthen economic cooperation through collaboration in technology transfer and


development. Entrepreneurs from both sides could explore opportunities in new areas such
as nanotechnology, biotechnology and high technology sectors; and
• promote early commercialisation of new and innovative technologies.

iv. Cooperation in the Field of Manufacturing and Services

• promote mutually beneficial cooperation in manufacturing and services in areas such as


Infrastructure, Construction, Tourism, Education, ICT and Health; and
• assist timely solution for issues that may arise in cooperation and facilitate successful
execution of projects.

Membership

• 18 to 20 members from Malaysian and Indian private sectors.


• MICEOF last meeting was held in New Delhi on 19 December 2012
TRADE

• India is an important trading partner for Malaysia. Since 1998, India has been Malaysia’s
largest export destination in the South Asian region.

• Bilateral trade between Malaysia and India has been on an upward trend. From 2002-2012,
trade has increased by more than five-fold.

• Msia and India has set target for trade value to reach USD20 billion in 2015.

• In 2012:

• Malaysia recorded a new trade high with India. Total trade with India increased by
7.3% from 2011 to reach US$13.3 billion.
• Malaysia's exports to India increased by 4.2% from US$9.2 billion in 2011 to US$9.5
billion in 2012.
• Total imports recorded an increase of 15.9% from US$3.3 billion in 2011 to US$3.8
billion in 2012.

• Main exports to India:

• • Palm oil (US$2.4 billion, 25.2% of total exports to India);


• Electrical & Electronic Products (US$1.8 billion, 19.4%);
• Crude petroleum (US$1.7 billion, 17.4%);
• Chemicals and Chemical Products (US$1.0 billion, 10.6%); and
• Transport equipment (US$0.46 billion, 4.8%).
• Main imports from India:
• • Refined petroleum products (US$0.69 billion, 18.0% of total import from India)
• Chemicals and Chemical Products (US$0.62 billion, 16.3%);
• Live animals and meat (US$0.34 billion, 8.9%);
• Other agricultures (US$0.24 billion, 6.2%); and
• Cereal (US$0.23 billion, 6.0%)
• India was Malaysia’s:
• • 11th largest trading partner;
• 7th largest export destination; and
• 14th largest source of imports.
• Malaysia was India’s:
• • 21st largest export destination; and
• 19th largest source of imports.
• Within ASEAN countries, Malaysia was India’s:
• • 3rd largest trading partner;
• 3rd largest export destination; and
• 3rd largest source of imports.

• For the period January-November 2013:

• trade with India amounted to US$12.34 billion (RM38.74 billion), an increase of 1.4%
as compared to Jan-Nov 2012; and
• Exports contracted by 14.1% to US$7.43 billion (RM23.34 billion) while imports
recorded a tremendous increase of 39.6% to US$4.91 billion (RM15.40 billion).

INVESTMENT

• In 2012, a total of 12 manufacturing projects with Indian participation were approved with
investments worth US$295.2 million (RM903.2 million).

• From 2007 - 2012, a total of 35 manufacturing projects with Indian participation were
implemented with total investments of US$1.00 billion (RM3.31 billion). These projects have
created 9,458 jobs.

• According to Department of Statistics, Malaysian investments in India as at 31 December


2012 amounted to RM3.4 billion, mainly in the construction, ICT and financial services.

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