Belief has change into India’s strongest forex: PM Modi in Malaysia – Imperial Wire

“Earlier, India was seen simply as an enormous market. Now, we’re a hub for funding and commerce,” Modi stated. “In a single decade, India has seen an enormous transformation. Then, we had been the eleventh largest financial system on this planet. Now, we’re knocking on the doorways of the High 3. We’re additionally the world’s quickest rising main financial system.”

Modi additionally made a powerful cultural pitch for the three million-strong Indian diaspora in Malaysia, with an enormous part tracing their roots to Tamil Nadu.

“The Tamil diaspora has been right here for a lot of centuries. Impressed by this historical past, we’re proud to have established the Thiruvalluvar Chair within the College of Malaya. We are going to now arrange a Thiruvalluvar Centre to additional strengthen our shared heritage,” he stated. The Thiruvalluvar Chair of Indian Research at College of Malaya is aimed toward selling educational and cultural alternate between Malaysia and India, specializing in Indian research.

Talking on the occasion, Malaysian PM Ibrahim recalled the traditional ties between the 2 nations “lengthy earlier than embassies and commerce agreements” got here in vogue. “I’m personally excited to have an ideal buddy from India becoming a member of us in Malaysia,” he stated.

“India or Bharat is amongst Malaysia’s high buying and selling companions. It isn’t solely items that transfer between us, however in 2025, over 1.5 million Indian guests got here to Malaysia,” Ibrahim stated.

Each prime ministers are scheduled to carry bilateral talks on Sunday. New Delhi is taking a look at alternatives for collaboration with Kuala Lumpur within the defence sector, with the sale of Dornier plane, and upkeep of Scorpene submarines and SU-30 plane, the Ministry of Exterior Affairs has stated.

That is PM Modi’s third go to to Malaysia, and the primary because the two nations elevated their bilateral relations to a ‘Complete Strategic Partnership’ in August 2024.

Throughout his go to, PM Modi may even work together with enterprise representatives.

Malaysia is a crucial accomplice for India within the ASEAN and the Indo-Pacific area, and a key pillar in India’s Act East Coverage. Final yr, PM Modi had met PM Ibrahim on the sidelines of the BRICS Summit in Rio De Janeiro, Brazil. PM Modi participated just about within the twenty second ASEAN-India Summit convened in Kuala Lumpur in October 2025.

In his departure assertion, PM Modi stated, “The historic ties between India and Malaysia have seen steadfast progress lately. I look ahead to my discussions with Prime Minister Anwar Ibrahim, and additional enhancing our Complete Strategic Partnership.”

“We are going to purpose to deepen our defence and safety ties, improve our financial and innovation partnership, and develop our collaboration into new domains,” the assertion stated.