🖼 🇮🇳 India Rejects BYD's Market Access and Courts Tesla at the Same Time. Indian Commerce Minister Piyush Goyal made it clear on Monday that India will restrict the market access of Chinese automaker BYD Co., saying...

🇮🇳 India Rejects BYD's Market Access While Courting Tesla

India's Commerce Minister Piyush Goyal made it clear on Monday that India will restrict market access for Chinese automaker BYD Co., saying "not at the moment." At the same time, the Indian government is actively seeking investment from its US rival Tesla Inc. Goyal emphasized that although there have been recent signs of a thaw in China-India relations, India remains cautious in approving foreign investments out of prudent consideration for national strategic interests.

(Bloomberg Politics)

via Teahouse - Telegram Channel