Proton talking to owner of ex-Daewoo India plant

Proton LogoIndian paper The Telegraph has revealed to us one of the partners in India that Proton is talking to. Argentum Motors is the new owner of the defunct Daewoo Motors plant in Surajpur, Uttar Pradesh, a state in northern India.

Proton is reportedly talking to Argentum Motors on using the plant for contract manufacturing or sourcing of components. Argentum executive Ajay Singh says Proton was looking into ways to bring down production costs for its Indian market entry, and the Argentum plant provided some ways to achieve that goal. He added that Argentum is also talking to other manufacturers like Daimler AG.

Related Posts:
Proton to finalise India plan by mid-2008
Proton and the Indian automotive industry

Source

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • MyviKiller (Member) on Feb 28, 2008 at 8:47 pm

    Good move, don’t screw up again this time.

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  • sagaKNIGHT (Member) on Feb 28, 2008 at 9:43 pm

    mmm..interesting

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  • mystvearn (Member) on Feb 29, 2008 at 12:45 am

    Expansion like in Indonesia? Hope it works.

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  • wildthingz (Member) on Feb 29, 2008 at 10:28 am

    hope they didn’t make proton nano there

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  • WreaKing (Member) on Feb 29, 2008 at 10:28 am

    Yeah.. good move!
    Just remember to install both side mirrors, air conditioning & power steering.

    Like or Dislike: Thumb up 0 Thumb down 0
  • ys (Member) on Feb 29, 2008 at 1:34 pm

    oh dear,… not again…
    i am bored with all these non-sense

    Like or Dislike: Thumb up 0 Thumb down 0
  • msmar_453 (Member) on Mar 03, 2008 at 9:04 am

    Go! Go! Power (Proton) Rangers!

    Like or Dislike: Thumb up 0 Thumb down 0
  • Sex is wonderful, but it's like champagne.If you're forced to have four glasses at every meal you start to fantasize about water. (Member) on Jan 16, 2009 at 10:53 am

    only the most stupid of indians will buy a proton

    Like or Dislike: Thumb up 0 Thumb down 0
 

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