During his official visit to Malaysia, Prime Minister Narendra Modi met with senior executives from PETRONAS, Malaysia’s state-owned oil and gas company. The discussions focused on plans to double PETRONAS’s investments in India, strengthening economic ties between the two countries. The meeting took place at the invitation of Malaysian Prime Minister Dato’ Seri Anwar Ibrahim.
The talks highlighted opportunities for collaboration in energy and infrastructure sectors, aiming to enhance bilateral cooperation. Both sides expressed commitment to expanding business partnerships and exploring new avenues for investment.
**Why this matters**
Increasing PETRONAS’s investment in India could boost energy sector development and create new jobs. Strengthening economic relations with Malaysia supports India’s broader goal of attracting foreign investment and diversifying energy sources. This engagement also reflects ongoing efforts to deepen strategic partnerships in the region.
Source: NewsData