Proton to enter India

Sat, 17 May 1997, 00:00 WIB | 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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