Tag Archives: Malaysia-India Comprehensive Economic Cooperation Agreement
NEW DELHI, Jan 15 (Bernama) — India, which has generated a lot of excitement with its steadfast stand in attracting investments and rejuvenating its economy, can be the next engine of growth for the region and the world, said Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed.
“India went through a difficult period in terms of growth and inflation, but now there has been a lot of hype on what is happening in the country and it has generated a lot of excitement.
“A number of world leaders are also coming to the country and are keen to do business,” he said.
India’s gross domestic product expanded below five per cent in the last two financial years, but growth has slowly started to recover and is expected to return to seven-eight per cent trajectory.
“We are beginning to see improvement in business climate and of course it cannot happen immediately. It takes a while before the policies and statements are translated into facts and figures but... Read More