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

By Economic Times - 17 hours 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.

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