Twenty20 champions Pakistan was stunned after none of the country's 11 players, including current Twenty20 captain Shahid Afridi who had played for Deccan Chargers in the first season, were signed up during the IPL auction on Tuesday.
"The manner in which the players were "insulted" showed that India is not serious about the peace process with Pakistan," Malik claimed.
Sportspersons are ambassadors of peace and India should have treated them with respect, he said, adding that Pakistan will respond in a befitting manner.
Sports Minister Ijaz Jakhrani was also too critical of the treatment meted to the Pakistani players.
"The way India behaved with us is highly condemnable. We will give a befitting reply to them. When there is a question of Pakistan's pride we are united," he added.