MARCOS IN INDIA
Philippines, India seal 18 biz deals amidst Marcos’ state visit
The Philippines and India solidified their economic partnership on Wednesday, signing 18 business agreements across vital sectors including renewable energy, digital services, infrastructure, manufacturing, healthcare, and education. The agreements were unveiled during the Philippines-India Business Forum, a key event in President Ferdinand R. Marcos Jr.’s ongoing state visit to India.
The deals underscore a deepening economic engagement between the two nations and reflect robust investor confidence in the Philippines, particularly in high-priority areas such as Information Technology and Business Process Management (IT-BPM), energy, and digital innovation.
Trade Secretary Cristina Roque emphasized the significance of these collaborations. “These agreements cover a wide range of strategic sectors… and serve as tangible outcomes of our collaborative efforts,” Roque stated. She added that these pacts “will serve as the foundation for ongoing and future business engagements between the Philippines and India,” commending the private sector for its pivotal role in advancing bilateral ties.
President Marcos is slated to continue his engagements by meeting with prominent Indian business leaders and visiting significant technology and innovation hubs in Bengaluru, often referred to as India’s Silicon Valley, before concluding his five-day state visit.
