The  Hero Group, which currently makes two-wheelers in partnership with Japan?s Honda  Motor, is in talks with Malaysian carmaker Proton to manufacture passenger cars  in India. Discussions between the two companies have been on for the past  several months, and an agreement may be reached by the end of 2009. Proton is  keen to cash in on the rapidly growing passenger car market in India, and has  picked its compact car Savvy, flagship sedan Saga and mid-sized car Persona for  entry into the country. According to an official at the Malaysian High  commission, a high-level delegation from Proton will be coming to India by the  end of this month.
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Tuesday, October 13, 2009
Hero Group in talks with Proton to make passenger cars in India
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