WHY CHINA SALE OWN CAR IN INDIA | BYD

welcome to my you tube channel Gyan scope.
In this video : Chinese investment in India mainly in the automotive sector came under major scrutiny since the Galwan Valley skirmish. The Indian government has pushed manufacturers to lower their investments from Chinese sources. This is why MG is trying to sell its majority stakes to an Indian company. Now another Chinese manufacturer BYD is looking to set up its factory. In today’s article, let’s talk about BYD India.
According to reports, BYD is looking to invest $ 1 Billion. Through this investment, it wants to build electric vehicles and batteries in India. Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures. The long-term goal of this plan is to build a full line-up of BYD EVs in India from hatchbacks to luxury EV models.
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(Saddam hashmi)