Sime Darby seeks to expand car retail business

Group CEO Jeffri said Sime Darby plans to expand in Indonesia. — Reuters

KUALA LUMPUR: Sime Darby Bhd, Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to tap into the growth potential of both economies, its top executive has told Reuters.

“We cannot ignore India,” group chief executive officer Datuk Jeffri Salim Davidson said.