KUALA LUMPUR, July 7 (Bernama) -- Malaysia has identified several products which have potential for export to India once the Comprehensive Economic Agreement with India is concluded.
These include medical devices and healthcare products, computers and peripherals, building and construction materials, automotive parts and components, processed food and beverages as well as household items, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
Indian investors also had already entered the Malaysian market, he said at a dinner honouring India's Commerce and Industry Minister Shri Anand Sharma.
"We have seen a total of eight projects secured in the manufacturing sector last year with Indian participation with a total value of US$24.22 million," Mustapa said.
He said they were involved in projects such as food manufacturing, textiles products, wood products, furniture and fixtures, chemicals and chemicals products, petroleum products and rubber products.
He said Malaysia was India's 12th largest trading partner with total trade value last year amounted to US$7.1 billion.
-- BERNAMA
|