India-Malaysia Trade Policies
Investments have been gotten from Malaysian organizations in different divisions including Construction Development: Townships, lodging, manufactured up framework and development improvement ventures. Main five parts that have pulled in FDI value inflows from Malaysia between April 2000 and May 2014 are as under:
|
SECTORS |
Amount of FDI equity inflows |
% of FDI equity inflows from Malaysia |
|
|
|
Rs. in crore |
US$ in million |
|
|
Non-conventional Energy |
1,760.38 |
312.72 |
43.48 |
|
Construction Development: Townships, housing, built-up infrastructure and construction-development projects |
350.63 |
74.02 |
10.29 |
|
Metallurgical Industries |
320.59 |
64.61 |
8.98 |
|
Services sector |
269.29 |
54.90 |
7.63 |
|
Power |
181.23 |
36.79 |
5.11 |
|
Total |
2,882.12 |
543.04 |
|
India and Malaysia has marked a Comprehensive Economic Cooperation Agreement (CECA) on 18.2.2011 which has gone live from 1.7.2011. The Agreement incorporates sections on Trade in Goods, Trade in Services, Investment and different territories of monetary collaboration. Points of interest of the Agreement are accessible in broad daylight space.
India and Malaysia consented to focus on a respective exchange volume of Us$ 15 billion by 2015.
The data was given by the Minister of State (Independent Charge) of the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a composed answer in Rajya Sabha today.
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