The world's fourth largest natural rubber producing
country aims to sell rubber automotive parts in India. Malaysian exporters are
trying to force into India's vibrant automotive segment and are confident about
their quality products which have an edge to penetrate the already congested
Indian market.
According to a auto industry analysts, Indian
passenger car sales is forecasted to hit a healthy 11-13% growth in 2012. Overall, India
imported rubber based automotive parts worth US$356 million in 2010,
with Malaysian exporters grabbing roughly 2% of the market share, making Malaysia
the 11th largest foreign supplier.
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