MALAYSIA – INDIA BUSINESS COUNCIL
CONTENTS 1 ABOUT MIBC 2 INDIA-MALAYSIA BILATERAL TIES 3 BILATERAL ORGANISATIONAL RELATIONSHIP 4 MOU’S IN THE PIPELINE KEY FEATURES OF THE 8TH MICEOF ON 14TH 5 FEBRUARY 2019, KUALA LUMPUR 6 PAST ACTIVITIES 2018 /2019 Malaysia - India Business Council 2
ABOUT MIBC Malaysia - India Business Council 3
ABOUT MIBC 1 Formed on 18 th June 2008. Premier non-profit organisation, bringing corporate and 2 business leaders together whose establishments already have presence in Malaysia and/or India. 3 Vision is to create a well-networked and a well-informed investment between Malaysia and India. Acts as a channel in providing the Malaysian authorities 4 with views and recommendations on how economic ties between Malaysia and India can be intensified. Sector Coverage: Construction, Infrastructure, Services, 5 Education, Oil & Gas, Information Technology, and Healthcare Sector. 6 Notable MIBC members: Khazanah, CIDB, TCS, Manipal, IJM, ICICI, GIC, MAHB, PwC, HSS and AirAsia Malaysia - India Business Council 4
INDIA-MALAYSIA BILATERAL TIES Malaysia - India Business Council 5
INDIA-MALAYSIA BILATERAL TIES India is the largest trading partner for Malaysia from among the countries of South Asia and the third largest in ASEAN. Bilateral trade between Malaysia and India stood at USD 11.72 billion in 2017 - 2018 IMPORT (US$ THOUSAND) EXPORT (US$ THOUSAND) SOURCE: WITS – COUNTRY PROFILE SOURCE: WITS – COUNTRY PROFILE Bilateral Trade MIBC has lived up to its principles and objectives in strengthening the bond between Malaysia and India especially in trade, investments and services. Malaysia - India Business Council 6
BILATERAL ORGANISATIONAL RELATIONSHIP Malaysia - India Business Council 7
1 - BILATERAL ORGANISATIONAL RELATIONSHIP INVEST INDIA • Invest India and MIBC established a synergistic working relationship to further strengthen bilateral ties through trade, investment and services for India and Malaysia. • The working relationship came into effect on 25 th September 2019 with the signing of MoU. Forthcoming Events – North East India 5 th – 11 th November 2019 • MIBC is hosting Malaysian business delegation to North East India and Invest India is the main coordinator in India. • Invest India identified investable sectors and projects in North East India for Malaysian business delegation. • Meetings with Central and State Ministries to be organised by Invest India. Malaysia - India Business Council 8
2 - BILATERAL ORGANISATIONAL RELATIONSHIP Confederation of Indian Industry (CII) Confederation of Indian Industry (CII) and MIBC signed Co-operation Agreement on 14 th February 2019, in conjunction with MICEOF, Kuala Lumpur. • To strengthen, improve economic co-operation two-way trade and investment. • Mutually assist and contribute to the expanding of commercial ties for businesses, including opportunities mainly for Education, Tourism, Primary Industries and Resource Sectors. • Great exchange of information on trade, business environment and investment opportunities. • Facilitate and assist in business trade missions from India visiting Malaysia and vice versa. • Assistance in coordinating participation in seminar, national exhibitions, international trade, economic and technical fairs, information bureau, symposia, conferences, or similar events taking place in respective countries. Malaysia - India Business Council 9
3 - BILATERAL ORGANISATIONAL RELATIONSHIP Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) • To strengthen, improve economic co-operation two-way trade and investment. • Mutually assist and contribute to the expanding of commercial ties for businesses, including opportunities mainly for Education, Tourism, Primary Industries and Resource Sectors. • Great exchange of information on trade, business environment and investment opportunities. • Facilitate and assist in business trade missions from India visiting Malaysia and vice versa. • Assistance in coordinating participation in seminar, national exhibitions, international trade, economic and technical fairs, information bureau, symposia, conferences, or similar events taking place in respective countries. • Maharashtra Chamber of Commerce, Industry & Agriculture and MIBC signed Co-operation Agreement on 25 th June 2019, followed by F&B industry networking session (during Malaysia International F&B Trade Fair 2019) Malaysia - India Business Council 10
4 - BILATERAL ORGANISATIONAL RELATIONSHIP VIBRANT GOA • Malaysia has been selected as partner to the Goa government. • MIBC has been selected as the primary point of contact for Vibrant Goa 2019 and this was effected through MoU signing with Vibrant Goa Foundation on 17 th October 2019. • Vibrant Goa will bring enormous two-way opportunities for Business to Business (B2B), Business to Government (B2G), knowledge sharing, technology transfer, investments and JVs and multi-sectoral exhibition. • This will further enhance Malaysia – India bilateral relationship Malaysia - India Business Council 11
MOU’S IN THE PIPELINE Malaysia - India Business Council 12
MOU’S BEING NEGOTIATED MIBC anticipate to sign MoUs with the following bodies: • Federation of Indian Chambers of Commerce & Industry (FICCI) • Confederation of Real Developers’ Associations of India (CREDAI) • Construction Federation of India (CFI) • The Southern India Chamber of Commerce and Industry (SICCI) Malaysia - India Business Council 13
KEY FEATURES OF THE 8 TH MICEOF ON 14 TH FEBRUARY 2019, KUALA LUMPUR Malaysia - India Business Council 14
KEY FEATURES OF THE 8 TH MICEOF ON 14 TH FEBRUARY 2019, KUALA LUMPUR • MICEOF hosted by Ministry of International Trade and Industry (MITI) Malaysia. • The counterpart from India is led by Confederation of Indian Industry (CII). • CEOs from both India and Malaysia get together to promote business understanding and enhance participation through investments in both countries. Malaysia - India Business Council 15
KEY FEATURES OF THE 8 TH MICEOF ON 14 TH FEBRUARY 2019, KUALA LUMPUR • Special address by the High Commissioner of India to Malaysia, H.E. Shri Mridul Kumar, including the Dialogue with the Honourable Minister. • New members: MIDA, MATRADE, the Malaysian Palm Oil Board, the Ministry of Tourism, Arts and Culture, MAICCI, Tenaga Nasional Berhad, and PETRONAS. • Malaysia as Co-Chair of MICEOF was given the Chairmanship under the leadership of Tan Sri Ir. Kuna Sittampalam and India Co-Chair remain under the leadership of Padma Shri Milind Kamble Malaysia - India Business Council 16
KEY FEATURES OF THE 8 TH MICEOF ON 14 TH FEBRUARY 2019, KUALA LUMPUR • For the first time issues relating to palm oil, manufacturing, especially the textile industry, agriculture and food-processing were tabled. • The Forum has 3 working groups: Infrastructure, Healthcare & Education • The Co-Chairs for the working groups from India are : Mr Atul Punj, Chairman, Punj Lloyd Group Healthcare Ms Preetha Reddy, MD, Apollo Hospitals Enterprises Ltd & Education Dr Atul Chauhan, Chancellor, Amity University Malaysia - India Business Council 17
KEY FEATURES OF THE 8 TH MICEOF ON 14 TH FEBRUARY 2019, KUALA LUMPUR • A presentation on “The New Malaysia: Challenges and Opportunities.” by Professor Yeah Kim Leng of Sunway University, as a Special Guest of the Malaysian side. • 2 MoUs were signed in the presence of MITI Minister: MIBC & CII and MIDA & CII. • The next meeting of MICEOF is scheduled to be held in New Delhi in 2020. Malaysia - India Business Council 18
PAST ACTIVITIES 2018 /2019 Malaysia - India Business Council 19
PAST ACTIVITIES - 2018 • MIBC’s 10 th Annual General Meeting and Dinner (23 rd April 2018) • Networking session between MITI Minister Hon Darell Leiking and Chambers of Commerce, Business and Industry Associations (13 th August 2018) • World Premiere Cloud Soup by Wolfe Bowart for Kerala Flood Relief charity fund (15 th September 2018) • Governing Council Members meeting with the new MITI Minister Hon Darell Leiking (28 th September 2018) Malaysia - India Business Council 20
PAST ACTIVITIES - 2018 • Farewell lunch for Vidya Nair, MIBC’s former Executive Secretary (5 th December 2018) • Farewell & Congratulatory dinner for Tan Sri Datuk Dr. Rebecca Fatima on her appointment as Executive Director of APEC (27 th December 2018) Malaysia - India Business Council 21
PAST ACTIVITIES - 2019 • 8th MICEOF (14 th February 2019) • MoU signing with CII (14 th February 2019) • Invest India Presentation on Investment Opportunities in India (30 th April 2019) Malaysia - India Business Council 22
PAST ACTIVITIES - 2019 • MIBC’s 11 th Annual General Meeting and Dinner (24 th April 2019) • Eid / Hari Raya Fellowship Dinner (19 th June 2019) Malaysia - India Business Council 23
PAST ACTIVITIES - 2019 • MoU signing and F&B Networking Session with MACCIA (25 th June 2019) • Meeting with Organisers of Vibrant Goa (9 th July 2019) • Meeting with CEO of CIDB on India Activities (12 th July 2019 & 5 th September 2019) Malaysia - India Business Council 24
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