MUMBAI, 21 NOVEMBER 2025 – The Malaysia External Trade Development Corporation (MATRADE) has successfully paved new pathways for Malaysian Mid-Tier Companies (MTCs) to make further inroads into high growth Indian market through a Market Immersion Mission to Mumbai, India from 19-21 November 2025.
This initiative aims to deepen engagement with India’s dynamic business ecosystem players, unlock new export prospects, and elevate the visibility of Malaysian mid-tier companies in various supply chains. Four Malaysian MTCs participated in the mission, representing high-value sectors including professional services, construction & building materials, and franchising. These sectors highlight Malaysia’s strength in technical expertise, value added industrial capabilities, sustainable solutions, and strong consumer services.
This mission reflects the strong commitment by MATRADE’s to support Malaysian companies in penetrating into high-growth markets such as India. It is designed to forge new strategic partnerships, promote innovative and sustainable business solutions, and reinforce Malaysia’s position as a competitive and capable supplier through the Mid-Tier Companies Development Programme (MTCDP).
As a core component of the MTCDP’s Go-to-Market phase, the mission acts as a flagship platform to assist Malaysian MTCs expand their international presence and enhance their readiness for expansion into major global markets.
Throughout the mission, participating companies will engage with major industry associations and related business entities such as the International Chamber of Investment and Business (ICIB), Bombay Chamber of Commerce & Industry (BCCI), Retailers Association of India (RAI), PHD Chamber of Commerce and Industry (PHDCCI), Indo-Global Trade Development EXIM CCI, Indian Chambers of Commerce (ICC), and Maybank India.
The programme features curated business meetings, pitching sessions with Indian importers and sector leaders, and market intelligence workshops led by MATRADE and strategic partners including Deloitte Consulting, with the support of the Consulate General of Malaysia in Mumbai. The Malaysian delegation will also be joining 6th World Trade Expo and 10th Global Economic Summit in Mumbai to amplify our global branding and explore new partnerships.
These engagements will equip Malaysian companies with practical insights into India’s evolving market demand, regulatory pathways, and sectoral growth trends.
Currently the world’s fifth-largest economy, India continues to record robust domestic consumption and rapid industrial expansion, presenting Malaysian exporters with a broad spectrum of new opportunities. With policy reforms accelerating trade facilitation, innovation, and market openness, the timing of this mission is well aligned with India’s growth trajectory. The programme provides Malaysian MTCs with a strategic platform to engage leading industry stakeholders in Mumbai, strengthen their market entry strategies, and reinforce Malaysia’s export presence in one of Asia’s most dynamic economies.
Malaysia and India maintain a strong and expanding economic relationship, supported by longstanding bilateral cooperation and shared ambitions for deeper regional integration. In 2024, total trade between both countries to RM83.5 billion, an increase of 10.8% from the previous year. Malaysia’s exports to India reached RM52.1 billion, driven by products such as palm oil and palm oil-based agriculture products, electrical and electronic components, manufactured metals, chemicals and chemical products, and crude petroleum, Imports from India stood at RM31.4 billion, comprising petroleum products, agriculture-related products, chemical and chemical products, manufactured metal, and electrical and electronic products.
This sustained trade performance underscores the importance of the Indian market for Malaysian exporters and highlights the potential for further diversification, especially as both economies strengthen their roles within Indo-Pacific value chains.
Introduced in 2014, the MTCDP is one of the Malaysian Government’s high-impact export acceleration programmes under the Malaysia Development Plan, aimed at accelerating the export growth of MTCs towards becoming regional and global champions. To date, 394 MTCs from various sectors including electrical & electronics, aerospace, automotive, machinery & equipment and oil & gas have benefited from the programme which provides structured guidance, market access, and export development support.
The MTCDP targets export-oriented MTCs with annual revenues ranging from RM50 million to RM500 million for manufacturing companies, and RM20 million to RM500 million for services companies. Eligible companies are encouraged to contact [email protected] for more information about the programme.
