Marcos returns from India with 18 big business deals
President Ferdinand Marcos Jr. at the Philippine-India Business Forum last Thursday, August 7. Photo from Presidential Communications Office.
By: Manuel Mogato | Published: August 8, 2025
Reading Time: 4 minutes
MANILA — President Ferdinand Marcos Jr. returned from India, bringing with him more than a dozen deals and 18 business deals worth nearly $500 million.
Marcos’ plane landed at an airbase in Manila late on Friday after a five-day state visit to New Delhi, winning close security and trade cooperation with one of the world’s nuclear weapons state and fourth largest economy. (Also read: India’s tightrope: Balancing BRICS ambitions amid rising US tariff threats)
Marcos said the Philippines and India elevated their bilateral ties into strategic partnership, with an eye on China’s expansive and aggressive role in the region.
In Bangalore where he met Indian industry leaders, at least 18 business agreements were concluded, enhancing the economic ties between Manila and New Delhi.
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The deals covered various sectors, like energy, education, business process outsourcing, manufacturing, health, digital services and information technology.
“We have vigorously pursued critical structural reforms that make the Philippines a more attractive and more reliable destination for capital, for technology, and for talent,” Marcos said during told Indian business leaders.
“To our esteemed Indian partners, I want to assure you that the Philippine government stands ready to embrace your investments with open arms and with continuing and unwavering support,” he added.
Marcos said the Philippines is opening new avenues for investment in areas where India is demonstrating global leadership and where the Philippines is strategically positioned to contribute, including smart manufacturing, green metals, mineral processing, data center infrastructure, shipbuilding and maritime services. According to him, six priority sectors for long-term collaboration between the two countries have been identified, namely electric vehicles, advanced electronics, renewable energy, high-tech agriculture, healthcare, and cybersecurity.
“We are also looking to deepen our trade framework. The Philippines is ready to begin formal discussions on a Philippines–India Preferential Trade Agreement – a crucial tool that we believe can enhance two-way trade, encourage product diversification, and support modern supply chain integration,” the President said.
In a separate bilateral meeting with Indian President Droupadi Murmu, Marcos described his state visit as “one of the most productive and constructive visits” he has ever had.
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