Sunday, July 26, 2009

Malaysian Car Maker Proton wants to enter Indian Market

Malaysian car maker Proton is keenly looking to enter the growing Indian automobile market to expand its overseas operations amid global demand slump.

Proton has been trying to enter the lucrative Indian auto market for some years and the company was reportedly in talks with home-grown auto major Mahindra & Mahindra as well as contract manufacturer Argentum Motors.

proton_mpv The Proton MPV

Apart from its annual report of last fiscal, where the company had marked India as one of the major target markets, Proton's recent review states that it is studying the 12-lakh units strong Indian passenger car market.

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