Proton to enter India

Sat, 17 May 1997 | Source: DPA

NEW DELHI (DPA): Malaysia has agreed in principle to locate a production unit of its Proton "national car" in the southern Indian coastal town of Vishakapatnam in Andhra Pradesh state, the Economic Times newspaper reported yesterday.

The Malaysian government's decision came after Andhra Pradesh Chief Minister Chandrababu Naidu made a plea during his meeting with the Malaysian Prime Minister, Mahathir Mohammad, in Kuala Lumpur early this week.

Proton is a joint venture between the Malaysian government and Mitsubishi of Japan.

Following this assurance, Naidu has written a letter to the Indian Industry Minister Murasoli Maran seeking a formal response to the proposal.

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