COMMENT | In part one ‘The Look East Policy failed, time to focus on India’, we examined the shortcomings of the 80s policy.

Part two will look into India’s economic growth and the potential for trade and investment opportunities.

The following outlines several compelling reasons for Malaysia to consider shifting its focus towards India as a primary trading partner.

Accelerated economic expansion

India ranks among the fastest-growing major economies globally. The International Monetary Fund (IMF) forecasts that India’s gross domestic product (GDP) will increase by over six percent annually in the forthcoming years, positioning it as a significant contributor to global economic growth.

The rise of India’s middle class and ongoing urbanisation create extensive new markets for Malaysian exports, particularly in areas such as consumer products, infrastructure, technology, and education.

Additionally, India’s strategic location in the Indian Ocean holds considerable importance for Malaysia’s trade routes.

Strengthening economic ties with India could...