Friday, October 12, 2012

More Malaysian SMEs Venturing Into India

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=701442

Published: October 12, 2012

PUNE, Oct 12 (Bernama) -- Small and Medium Enterprises (SMEs) are aggressively expanding into India, amid the tremendous opportunities in the country of over one billion, Malaysia's Mumbai-based, Trade Commissioner, Noraslan Hadi Abdul Kadir said.

"When I arrived in 2009, a lot of big companies were coming to India, but now we see more Malaysian SMEs venturing into the country.

"There are an array of industries such as automotive parts and components as well as supply of such components for the construction sector here.

"Some have even opened assembly lines. They import semi-knocked down parts and do the assembly here for supply to the Indian market.

"Hence, there is a huge interest from SMEs," he told Bernama on the sidelines of the Showcase Malaysia 2012, a three-day event that ends here, today.

-- BERNAMA

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