Prime Minister Datuk Seri Najib Razak today invited more Indian investors to leverage on Malaysia's strategic location to strengthen their presence in the ASEAN region and beyond.
"We live in times and in a region, where both conventional and non-conventional security threats are constantly on the rise", Modi said while jointly addressing the media with Malaysian Prime Najib Razak following delegation-level talks between the two sides.
An MoU was also signed between the Association of Indian Universities (AIU) and Malaysian Qualifications Agency (MQA) on mutual recognition of educational qualifications.
India is now Malaysia's tenth-largest trading partner, seventh-largest export destination and 12th-largest source of imports. Mr Mukherjee thanked Malaysia for the close cooperation on counter-terrorism issues.
Earlier, Mr Modi and Mr Razak had one to one talks.
On the economic side, Modi said both countries "have built a thriving economic partnership".
He will also visit Jaipur during his stay in India.
'Beauty and the Beast' worth seeing again
The report further added that live action film is already "55th on the all-time domestic list at $317 million". The enchanted rose spells doom for the Beast as it also brings about destruction of his beloved castle.
A number of bilateral as well as commercial agreements are also likely to be signed.
India and Malaysia on Saturday said that the fight against terrorism should go beyond eliminating terrorists and terror networs to take tough action against states which sponsor terror group and glorify terrorism. He said, Malaysia wants to raise relations to new heights.
Najib's delegation to India includes about a dozen cabinet ministers and a business team comprising 80-100 members representing infrastructure, telecom and finance.
Najib said with seven per cent of Malaysia's population being of Indian origin - the highest percentage of Indian diaspora outside India -and with the vast majority being Tamilians, the market is open for business and ideas from local investors.
It is also Malaysia's 20th largest investor, with total investments worth US$2.31 billion.
The two countries can collaborate in a wide variety of fields.