Malaysia seeks to extend supply chain to Hyundai, other OEMs in India.
Indian automotive suppliers are being encouraged to invest in Malaysia to help the Southeast Asian country achieve its goal of boosting parts exports to 10 billion ringgit ($3 billion) by 2020. Malaysian International Trade and Industry Minister Mustapa Mohamed issued the invitation while meeting with his counterpart, Commerce and Industry Minister Anand Sharma, during a recent trade mission to India. The visit included a stop in Chennai, where BMW, Daimler, Ford, Hyundai, Nissan and Renault ...
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