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President Ferdinand R. Marcos Jr. returned to the Philippines yesterday from a five-day state visit to India, securing $446 million in direct investment commitments and and a new strategic partnership between the two nations.
In a video message upon his arrival, the President said: I return from India, our good friend and now our Strategic Partner, with an even stronger sense of optimism. Optimism that our bilateral partnership will foster progress and prosperity for both countries.”
Mr. Marcos said that during his meeting with India’s leaders, he “emphasized our shared aspirations and objectives for a free, open, and inclusive IndoPacific region. Important to these are the security and rule of law in the maritime commons, food security, supply chain resilience, and countering terrorism and other traditional and non-traditional threats.”
In a press briefing before his departure, the President said that more investments could follow, estimating potential investments to rise to between $5.6 billion and $5.7 billion, highlighting India’s status as a strong and promising economy.
Mr. Marcos called his inaugural India visit “a new beginning” for bilateral relations, emphasizing robust dialogues with Indian leaders and business sectors.
During his stay, he signed 13 agreements covering defense, maritime cooperation, agriculture, fintech, and cultural exchange, and engaged with the Filipino community in India. He urged Indian businesses to invest in the Philippines, citing its strategic location, youthful workforce, and growth potential.
“From these, real investments are expected to generate more than 4,000 direct jobs, including large-scale eimployment linked to infrastructure, manufacturing, renewable projects,” the President said.
The visit marks a significant milestone, timed with the 75th anniversary of diplomatic relations and the elevation of bilateral ties to a strategic partnership, according to Mr. Marcos.
The Philippines also granted visa-free travel to Indian nationals to boost tourism and economic exchange, while plans for resumed direct flights between the countries are underway.
President Marcos also discussed vital infrastructure and development partnerships during his engagements. Indian conglomerate GMR Group expressed interest in contributing to the Philippines’ “Build Better More” program, particularly in airports and energy projects like the Sangley Airport in Cavite.
This cooperation signals a deepening relationship that extends across multiple sectors, promising mutual benefits in trade, security, and people-to-people connections, he said.
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