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April 08,2025

India Rejects BYD’s Manufacturing Plans Amid Strategic Concerns

India is cautious about Chinese Electric Vehicle (EV) maker BYD's market entry, with Commerce Minister Piyush Goyal confirming limited access. Despite BYD's interest in setting up a manufacturing plant, India’s strategy emphasizes national security. While some domestic OEMs support lower import duties, there’s concern over sudden drops.

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