On medial • 6m
No, the Indian government cannot block BYD (Build Your Dreams) from operating in India as long as the company complies with Indian laws and regulations. Here’s why: 1. Foreign Direct Investment (FDI) Policy: India allows foreign companies, including those from China, to operate and invest in various sectors, including electric vehicles (EVs), subject to certain conditions and compliance with the Foreign Direct Investment (FDI) policy. 2. Market Competition: The Indian market is open to global competition, and BYD, being one of the major players in the electric vehicle market, is seen as contributing to India’s growing EV sector, which the government is actively promoting. 3. Bilateral Trade Agreements: India and China, despite political differences, have economic and trade relations. Companies from both countries operate in each other's markets under the legal frameworks set by both governments.
I'm just a normal gu... • 2m
Eternal, the parent company of Zomato and Blinkit, is set to limit foreign ownership to 49.5%. The company's board approved the proposal during a meeting today, applying the cap on a fully diluted basis. The restriction will affect shareholdings by
See MoreFounder - Burn Inves... • 2m
Last week, FIIs poured ₹8,500 crore into the Indian market. One of the main reasons could be the ongoing trade tensions between China and the US. Plus, Indian market valuations have become quite attractive lately, and the overall economic indicators
See MoreBuilding Strategies ... • 7m
Foreign Direct Investment (FDI) in India has surpassed $1 trillion since the beginning of the 21st century, according to government data. Notably, 68.69% of this amount, or approximately $709.84 billion, was invested in the past decade alone. To put
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