China's BYD wants to build cars in India
China's BYD wants to build cars in India, but has no 'direct' signal of investment rules easing
China's BYD wants to make cars in India but has received no "direct" signal from New Delhi on a possible easing of stringent investment rules for Chinese businesses, a top executive said, as the automaker seeks to expand in a fast-growing market.
'No business case': BYD puts India assembly line plan on backburner, to continue importing cars from China
BYD also said that it is not ready to apply for benefits in the short term under India's new EV policy announced earlier this year which seeks to attract global manufacturers to the country.
China’s BYD raises car export hopes in Pakistan after being spurned by India
Planned assembly plant in the country would mark carmaker’s first venture into south Asia as it expands globally
Chinese EV giant BYD refuses to invest under India’s EV Policy, opts for importing cars
BYD has shelved plans to set up a car factory in India, choosing an import-only strategy under the new EV policy. Despite the hefty customs duty on imports, the company plans to boost sales by 40% this year.
BYD hopes for ease in investment rules as it aims to build cars in India
BYD, in partnership with a local firm, submitted a $1 billion investment proposal last year to build electric vehicles in India. But New Delhi is yet to approve the plan
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