Johari backs DRB-HICOM, Proton push into India's auto sector
NEW DELHI: Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani has backed DRB-HICOM Bhd and Proton Holdings Bhd’s efforts to explore opportunities in India’s automotive industry.
Johari Abdul Ghani, Malaysia's Investment, Trade, and Industry Minister, has expressed support for DRB-HICOM and Proton's efforts to explore opportunities in India's automotive industry. The two companies are considering leveraging their manufacturing capabilities in Malaysia to participate directly in India's automotive sector.
DRB-HICOM's Tanjung Malim plant in Perak could potentially supply components or establish partnerships with Indian automotive players. The minister emphasized that the move is not solely about exporting finished vehicles, but rather a broader industrial play involving automotive components, manufacturing, technology, and potential partnerships with Indian companies.
This initiative aligns with Malaysia's goal of deepening industrial cooperation with India and encouraging Malaysian companies to tap into the country's large consumer market and established automotive ecosystem.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
