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Manila Bulletin devider Philippines devider National devider Marcos urges Indian business leaders to invest in PH

Marcos urges Indian business leaders to invest in PH

Published Aug 6, 2025 09:31 pm
Citing that the Philippines' investment environment has become open and liberal, President Marcos urged Indian business leaders to seize the growing opportunities in the country.
President Ferdinand R. Marcos Jr. meets with Indian business leaders during the Philippine-India CEO Roundtable at the Taj Mahal Hotel in New Delhi, India, on Aug. 6, 2025.(Photo courtesy of PPA/Noel B. Pabalate)
President Ferdinand R. Marcos Jr. meets with Indian business leaders during the Philippine-India CEO Roundtable at the Taj Mahal Hotel in New Delhi, India, on Aug. 6, 2025.(Photo courtesy of PPA/Noel B. Pabalate)
During a roundtable meeting with Indian business leaders on Wednesday, Aug. 6, Marcos encouraged them to engage with the Filipino economic team in order to benefit from the recent trade and investment reforms in the country.
"I urge you to further engage the economic team to learn more about such benefits. Our investment environment is the most open and liberal that it has ever been," Marcos said.
"These reforms speak to our commitment to create a truly enabling environment for investors, including our valued partners in India," he added.
The President cited some policies aimed at attracting more foreign investors, including establishing green lanes for strategic investment, eliminating red tape, lowering cost of doing business, and passing the Public-Private Partnership Code of the Philippines to consolidate and modernize PPP frameworks.
He further highlighted that his administration has liberalized foreign ownership of projects involving inexhaustible renewable energy resources such as solar, wind, hydro, and ocean energy.
He also brought up the passage of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy or CREATE MORE Act.
Marcos also cited the enactment of the Enterprise-Based Education and Training Framework act or EBIT which builds a structured pathway for the collaboration between business and the academe, aligning training with industry demand and preparing the workforce for globally competitive careers.
PH-India preferential trade agreement
The President also announced efforts to fast-track a Philippines–India Preferential Trade Agreement (PTA).
He directed the Department of Trade and Industry (DTI) to lead efforts in pursuing a formal trade pact.
"I'm directing the DTI to lead Philippine efforts towards a Philippine-India Preferential Trade Agreement, laying a strong foundation for deeper, more predictable and mutually beneficial economic integration," he said.
Marcos assured the business community that the Philippine government is committed to fostering a responsive and investor-friendly environment by actively listening to their concerns and acting on them.
“The Philippine government hears you. We are ready to act, and we'll work closely with our Indian partners to translate your priorities into real opportunities,” the President noted.
“We are here not only to present to you the Philippines as an investment, as an investment destination, we are also here to listen to you, so that we in the Philippines know what it is that you require to bring that investment to the Philippines,” he added.
Marcos said the Philippines and India's engagements were "vital in creating the spaces where governments and businesses can come together, not simply to exchange ideas, but to build real partnerships that support jobs, innovation, and inclusive growth."
“I'm most grateful to be welcomed by your confidence in the Philippines and the Filipino people. Our discussions today have demonstrated the strength of our strategic partnership, especially in trade and investment. They certainly show how far we have come and how much more we can achieve if we continue to work together in a spirit of cooperation and shared prosperity,” said President Marcos.
The Chief Executive met with 20 top business leaders from both the Philippines and India. It was one of the highlights of the President’s five-day State Visit to India.

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PH-India President Marcos Indian business leaders foreign investments
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