Proton to Enter Indian Market in 2009

Malaysian national carmaker Proton has announced its plans to enter the burgeoning Indian market that currently supports annual sales of about 1.5 million passenger vehicles. Initially, the Malaysian company will market three models, the Savvy, the Saga and the Persona with sales expected to begin in early 2009. Proton is also negotiating with a joint-venture partner in India to manufacture and market its cars. "We are looking at a number of possible joint venture partners in India with a strong focus on marketing," said Syed Zainal, managing director of Proton Cars.