Even Ghajini would not be envious of Malaysia’s Proton, who tries to enter the Indian auto industry. After undergoing so many failed round of talks with Indian players, the company is likely to revive its talks with M&M. the earlier talks with both parties in 2007 failed to materialize making Proton to flirt with Argentium Motors, which had the opportunity to take over Daewoo Motors India. Proton is not only eyeing on India but the ASEAN regions, for its CBU and India, China and Iran for its CKD market.
M&M has not come out with any assertive remarks, quoting the information as speculation. Proton, which too is tight lipped, is badly in need of an Indian partner. Meanwhile, M&M is facing a legal petition for the delayed introduction of pick-up trucks in the US market. Even if M&M enters into a tieup with Proton, there will be assistance for assembling. Proton is keen on the Indian market, which has easily overcome the recession, making the big players to land in largely. Proton is in the field with its Exora, muv, Savvy compact and Saga sedan.