ASEAN KEY DESTINATIONS
Proton contract assembly plant in India
Proton Holdings Bhd intends to finalise discussions with a global original equipment manufacturer (OEM) within this quarter to set up contract assembly manufacturing operations in India.
Managing director Datuk Syed Zainal Abidin Syed Mohamed Tahir said Proton was hoping to engage in contract assembly manufacturing via a joint venture effort with the OEM. "Another aspect is in terms of sales and marketing. We hope to incorporate our own subsidiary that would work with a local partner to distribute cars in India. All of this will hopefully be finalised by the first quarter of this year."
Syed Zainal said it was imperative that the local partner in India "already had a plant and assembling its own cars."
"We don't have the experience. We need a local partner (for the experience)," he said, adding that Proton was looking at offering the Saga, Persona, Exora multipurpose vehicle (MPV) and Emas hybrid in India.
"The market in India is for small cars, namely the A and B segment cars as well as MPVs. We have already identified the products that would be there."
Syed Zainal also said Proton was looking at offering vehicles with diesel engines that would be developed with a European manufacturer.
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