Malaysia Eager to Join India's Semiconductor Journey: Dy Finance Minister Tong

• Malaysian Deputy Finance Minister Liew Chin Tong emphasizes Malaysia's desire to partner with India in its economic rise, particularly in semiconductors and advanced manufacturing.
• The recent visit by PM Modi to Kuala Lumpur saw 11 MoUs signed, signaling a renewed push for deeper India-Malaysia economic ties amidst shifting global supply chains.
• Tong highlights Malaysia's five decades of semiconductor expertise in outsourced assembly, testing, and ecosystem building, offering to complement India's chip ambitions.
• Malaysia welcomes Indian investment in electronics, green energy, and advanced manufacturing, offering market access and structured incentive packages.
• Malaysia is open to expanding rupee-ringgit trade mechanisms within BRICS, acknowledging liquidity challenges but affirming a clear direction towards diversification.