Section

China's BYD wants to build cars in India, but has no 'direct' signal of investment rules easing

By Economic Times - 2 months ago
China's BYD aims to build electric vehicles in India, but is facing delays due to stringent investment rules. The company has submitted a $1 billion investment proposal but is yet to receive approval. Meanwhile, BYD targets wealthy Indian buyers with imported premium EVs and launched a new seven-seater family car priced between $32,000-$35,500.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.