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Vivek kumar

Stealth • 2d

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.

0 replies6 likes

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