India, Malaysia pledge deeper semiconductor ties on Modi visit

AFP | Putrajaya

Email : editor@newsofbahrain.com

India and Malaysia pledged yesterday to deepen their semiconductor partnership as the Indian Ocean neighbours ramp up trade and security links during a visit by Prime Minister Narendra Modi.

Modi touched down in Malaysia on Saturday, his first visit in more than a decade, where he inked a number of agreements with Malaysian counterpart Anwar Ibrahim, including deals on renewable energy, health care and artificial intelligence.

“Along with AI and digital technologies, we will advance our partnership in semiconductors, health, and food security,” Modi said.

“This meeting and these exchanges are very vital, very strategic and critical to advance and enhance relations between India and Malaysia,” Anwar added.

India’s foreign ministry said the Southeast Asian nation had a “very strong semiconductor ecosystem”.

“They have almost 30 to 40 years of experience in those areas,” the ministry added in a statement ahead of Modi’s arrival.

“Our companies are... interested in collaborating with Malaysia,” it said, including in research and development and building manufacturing and testing plants.

For instance, Tata Electronics was in talks last June with global semiconductor companies to buy a fabrication or outsourced semiconductor assembly or test plant in Malaysia, Indian and Malaysian news reports said at the time.