Firm to enter the potential Indian market, the Malaysian car maker Proton is busily engaged in negotiating with key car manufacturing companies in India. Simultaneously, the company is aiming to have the deal with the UK based Lotus to roll down high-end sports car, a 5-door 1.0- 1.5 lit engine small car, and a racing car for Asia and Middle East. The MD of Proton confirmed the roll down of this car in two years and also the search for Indian firms but did not reveal the full details. He desisted from confirming the negotiations with Mahindra for Indian presence except the one happened years back. Proton’s move for a JV with Volkswagen too failed to yield result and Proton does not leave anything at a vague for Indian and the European markets. Proton is in the automotive industry for the past 27 years during which period it had its ebb and low due to its unattractive and costly models. Proton faced a sigh of relief this March as its profit rose to 22.8 million ringgit($6.87million) against a gross loss of 323 million ringgit in 2009.