Home / Companies / News / Sime Darby could enter Indonesia, India in quest for ‘next China’

Sime Darby could enter Indonesia, India in quest for ‘next China’

India and Indonesia are large markets with favorable demographics. Hence, we are exploring to build a presence there, CEO Jeffri Salim Davidson said

2 min read . Updated: 30 Dec 2021, 04:38 PM IST Chester Tay, The Wall Street Journal

Sime Darby earns about 88% of its revenue from outside Malaysia

KUALA LUMPUR (MALAYSIA) : Malaysian conglomerate Sime Darby Bhd. could enter India and Indonesia in its search for its next major growth market with its balance sheet strengthened after it posted record profits, the company’s chief executive said.