India’s foreign ministry said on Thursday the two countries were in the process of establishing a multi-layered arrangement to collaborate in the semiconductor sector.
India is also seeking to boost defence ties, and was in talks with Malaysia on a potential sale of Dornier aircraft as well as servicing and upgrades to Scorpene-class submarines and Sukhoi Su-30 fighter jets, a ministry official said.
Malaysia’s total trade with India amounted to US$18.6 billion last year, comprising exports of palm oil as well as electrical and electronic goods, while imports from India mainly consisted of agricultural, petroleum and chemical products, according to government data.
Read the full article here
